Head – IT Retires; Chief General Manager – IT Designated as New Head – IT

Mr. Vijay Taneja, Head – Information Technology and Senior Management Personnel, retires from the company with effect from close of business hours on 30th September, 2026.

Wed 30 Sep 2026

Retiring Executive

Mr. Vijay Taneja, Head – Information Technology and Senior Management Personnel

Retirement Effective Date

30th September, 2026

Successor Designation

Mr. Kishor Vegada designated as Head – IT

Previous Role of Successor

Chief General Manager – IT

Reporting Structure

Mr. Kishor Vegada will report to Mr. Amit Chamaria, Chief Financial Officer

What happened

• Mr. Vijay Taneja, Head – Information Technology and designated Senior Management Personnel, is retiring from the services of the company with effect from the close of business hours of 30th September, 2026.
• He consequently ceases to be a Senior Management Personnel from that date.
• Mr. Kishor Vegada, working as Chief General Manager – IT, has been designated Head – IT.
• Mr. Vegada will report into Mr. Amit Chamaria, Chief Financial Officer of the company.

How to read it

This is a routine leadership succession at the functional level. The role is in information technology, not at the board or key managerial personnel level such as MD, CEO or CFO. The reason stated is retirement, and the successor is an internal candidate already leading the IT function as Chief General Manager, which suggests continuity in the department.

The update was made under Regulation 30 read with Schedule III of the SEBI LODR Regulations, which requires listed companies to promptly inform exchanges of changes in senior management.

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