Chief Financial Officer tenders resignation, ceases to hold office from 03 October 2026

The company has informed the exchanges that its Chief Financial Officer, Mr. Vishal Gupta, has tendered his resignation from the position of CFO, with effect from 03 October 2026.

Sat 3 Oct 2026

Designation

Chief Financial Officer

Name

Mr. Vishal Gupta

Date of resignation

03 October 2026

Effective date of cessation

03 October 2026

Reason stated

increasing personal and professional commitments requiring his dedicated attention

What was announced

• Mr. Vishal Gupta has tendered his resignation from the position of Chief Financial Officer (CFO) of the company.
• The resignation is with effect from 03 October 2026.
• The update also shows the effective date of cessation as 03 October 2026, the same date.

Reason recorded in the update

• Increasing personal and professional commitments requiring his dedicated attention.
• He stated that he finds it difficult to continue discharging the responsibilities of CFO with the level of focus and dedication that the role demands.
• In his resignation letter he adds that, in the best interest of the company and its stakeholders, he believes it is appropriate for him to step down from the position.

Handover

• He has requested the Board of Directors to accept his resignation and relieve him of his duties as CFO with effect from 03 October 2026.
• He has stated that he will extend his fullest cooperation to ensure a smooth handover of his responsibilities and pending matters.

Company's response

• The company has placed on record its deep appreciation for the valuable contributions made by Mr. Vishal Gupta during his tenure.
• The intimation has been sent to the exchange for information and updating on its website.
• The required details as per the SEBI circular of September 9, 2015 are set out in the update, including the name, designation, reason, date of resignation and effective date of cessation; the fields for brief profile and disclosure of relationships between directors are marked as not applicable.

How to read this

• A CFO is part of a listed company's key managerial personnel, so an exit at this level is a change in the senior finance leadership.
• The update gives the reason for the exit as personal and professional commitments, along with the effective date.
• The letter records the outgoing CFO's commitment to cooperate on the handover.
• Nothing beyond these stated facts is part of the disclosure, so the impact on the finance function is best judged by the reader from the facts recorded above.

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