Zaggle Prepaid Ocean Services Limited has informed the Exchange regarding Cessation of Mr. Srikanth Gaddam as Senior Management of the company w.e.f. May 27, 2026.
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Mr. Srikanth Gaddam, Chief Technology Officer of Zaggle Prepaid Ocean Services Limited, has tendered his resignation effective May 27, 2026. He submitted his resignation on May 22, 2026 citing personal reasons as the cause. The company has notified both NSE and BSE under SEBI LODR Regulations, 2015. This is a mid-tenure departure from a senior technology leadership role. The resignation letter has been enclosed with the filing.
The departure of the CTO may create a short-term vacuum in technology leadership and could raise questions about ongoing tech initiatives or strategy, especially if no successor is named immediately. Investors should monitor for appointment announcements.