Chief Financial Officer Gaurav Kumar resigns, effective close of business hours on October 6, 2026

Senior management change.

Tue 6 Oct 2026

Effective Date

close of business hours on October 6, 2026

Stated Reason

to pursue new personal and professional challenges outside the organization

Confirmation

no other material reason other than the one mentioned in his letter

Who is stepping down

• Mr. Gaurav Kumar has resigned as the Chief Financial Officer (KMP) of the company.
• The resignation takes effect from the close of business hours on October 6, 2026.
• The stated reason is to pursue new personal and professional challenges outside the organization.

What he has confirmed

• Mr. Kumar has confirmed that there is no other material reason other than the one mentioned in his letter.
• His letter is addressed to the Board of Directors and a copy is attached with the update.
• In the letter he thanks the Board of Directors and the Senior Management team for their cooperation during his association with the company.

What the disclosure sets out

• The intimation was given under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• It refers to the company's earlier letter dated August 6, 2026, so this follows an earlier communication on the same subject.
• The annexure records the reason for the change, the effective date of cessation, and marks the brief profile and disclosure of relationships rows as "Not Applicable" — those rows apply only where there is an appointment.

How to read this

• The Chief Financial Officer is a Key Managerial Personnel, so this is a senior leadership change rather than a routine staff movement.
• The letter puts the reason down to personal and professional considerations and states there is no other material reason.
• The position is described in the update as Chief Financial Officer (KMP) of the company, and the cessation date given is the close of business hours on October 6, 2026.

What to watch next

• The update concerns the exit of the CFO. Any further communication on the leadership of the finance function would come separately.

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