Zen Technologies Limited has informed the Exchange about Retirement
ZENTEC · price
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Awaiting price reaction for this filing.
Zen Technologies has informed the stock exchanges that Mr. Ravi Kumar Midathala (DIN: 00089921), Whole Time Director, retired on June 28, 2025 upon completion of his tenure. Consequently, he ceased to be a Whole Time Director and Key Managerial Personnel (KMP) of the company with effect from June 29, 2025. The reason for change has been disclosed as 'Cessation (Completion of tenure as Whole Time Director)'. The Board of Directors and Management recorded their appreciation for his valuable contributions and guidance during his association with the company. The company has filed the detailed disclosure under SEBI's Regulation 30 read with the November 2024 Master Circular as Annexure I.
This is a planned, tenure-based retirement of a KMP rather than an abrupt exit, so the immediate impact on shareholders is likely neutral. Investors should watch for any announcement regarding a replacement appointment, as leadership continuity at the KMP level can affect operational execution.