We are hereby submitting the resignation of the Managing Director w.e.f. 15th January, 2026.
Awaiting price reaction for this filing.
Kome-On Communication Ltd has carried out a major board reshuffle effective January 15, 2026, at a single board meeting. Mr. Ashish Rajeshbhai Patel resigned from the post of Managing Director, citing other professional commitments, with no other material reason disclosed. The company appointed Mr. Sachin Mishra as the new Chief Financial Officer, and added four new directors — Ms. Rinku Saini and Mr. Ajay Suresh Yadav as Non-Executive Independent Directors, Mrs. Kusum Lata as a Non-Executive Director, and Mr. Abhishek Kayal as an Additional Executive Director. None of the newly appointed directors are related to promoters or promoter group members. All appointments are subject to shareholder approval at the next general meeting.
The exit of the Managing Director at the same time as a sweeping board overhaul signals a significant leadership transition that shareholders should watch closely. Lack of detail on why the MD left may create short-term uncertainty around strategy, while the new CFO (who is also signing as CEO on this filing) and refreshed board could reshape the company's direction. Investors should monitor the next general meeting outcome and any follow-up disclosures.