UFO Moviez India Limited has informed that Mr. Ram S Iyer - Sr. VP - Digital Transformation & Revenue Assurance, designated as Senior Management Personnel, has tendered his resignation, due to personal reasons, effective from close of business hours of April 30, 2025.
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UFO Moviez India Limited has informed the stock exchanges that Mr. Ram S Iyer, Senior Vice President – Digital Transformation & Revenue Assurance, has resigned from his position. He was designated as Senior Management Personnel (SMP) under SEBI Listing Regulations. The resignation is effective from the close of business hours on April 30, 2025, citing personal reasons, with the formal resignation letter dated April 8, 2025. The disclosure was filed with BSE (Scrip Code: 539141) and NSE (Symbol: UFO) on May 1, 2025, signed by Company Secretary Kavita Thadeshwar. No replacement or succession plan has been announced in this filing. Mr. Iyer's role covered digital transformation and revenue assurance, which are operational rather than board-level functions.
This is a senior but mid-level operational departure, not involving the CEO, CFO, or board, so the direct impact on stock price or shareholder value is expected to be limited. Investors may want to monitor for any subsequent announcement on succession planning in the digital transformation function.