Group Chief Executive Officer tenders resignation, to step down from close of business hours on October 1, 2026

K.P. Energy Ltd (KPEL) has informed the exchanges that Dr. Alok Das, Group Chief Executive Officer, has tendered his resignation, with effect from the close of business hours on October 1, 2026.

Thu 1 Oct 2026

Executive Resigning

Dr. Alok Das, Group Chief Executive Officer

Effective Date of Cessation

with effect from the close of business hours on October 1, 2026

Resignation Letter Date

September 23, 2026

Stated Reason

personal reasons

Group Chief Executive Officer steps down

• K.P. Energy Ltd has informed the exchanges that Dr. Alok Das has tendered his resignation from the position of Group Chief Executive Officer of the Company.
• The change takes effect from the close of business hours on October 1, 2026.

What the resignation letter says

• The letter is dated September 23, 2026 and is addressed to the Managing Director of K.P. Energy Ltd.
• Dr. Alok Das states that he tenders his resignation from the position of Group Chief Executive Officer "due to personal reasons", with effect from the closing hours of October 1, 2026.
• He expresses his sincere gratitude to the Board, management, leadership team and colleagues for the trust, guidance, support and cooperation extended to him during his tenure, and says it has been a privilege and honour to be associated with the Group.

Details recorded in the disclosure

• The reason for the change is recorded as "Resignation as the Group Chief Executive Officer of the Company".
• The date of cessation is recorded as with effect from the close of business hours on October 1, 2026.
• The resignation letter is enclosed with the disclosure.

How to read this

• For someone new to such updates: the Group Chief Executive Officer is part of a company's senior management. When a senior management person leaves or joins, listed companies inform the stock exchanges so that all investors get the same information at the same time.
• The reason for the departure, as stated in the letter, is personal reasons.
• Announcements of this kind usually attract investor attention because changes at the top of a company's management are watched closely, and the reason recorded here is the executive's own stated reason for stepping down.

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