Superannuation of Mr Suresh padmanabhan as Key Managerial Personnel.
Awaiting price reaction for this filing.
Tayo Rolls Limited has informed the stock exchange that Mr. Suresh Padmanabhan, the Deputy Chief Financial Officer and Key Managerial Personnel, has superannuated (retired) from his position effective July 31, 2025. The company remains under the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code 2016, with its affairs currently managed by Resolution Professional Mr. Anish Agarwal. The communication was signed by the Company Secretary & Compliance Officer, Harpreet Kaur Bhamra.
This is a routine retirement of a Key Managerial Personnel and is unlikely to have a material impact on the stock price. The company continues to operate under the IBC insolvency process, which remains the key factor affecting shareholders.