SISIS540673Routine director change

President (M&A and Investor Relations) resigns; last working day January 31, 2027

Mr. Vineet Toshniwal, President (M&A and Investor Relations) and Senior Management Personnel of SIS Ltd, has resigned due to personal reasons.

By ScoutQuest · Mon 19 Oct 2026, 10:42 PM IST · 2 min read

Designation

President (M&A and Investor Relations) and Senior Management Personnel

Resignation Reason

personal reasons

Last Working Day

January 31, 2027

Who is leaving, and from what role

• Mr. Vineet Toshniwal held the position of President (M&A and Investor Relations) at SIS Ltd and was part of the Company's Senior Management Personnel.
• He has resigned from that position, and the reason given is personal reasons.
• The intimation to the exchanges is dated October 19, 2026.

Timeline as stated in the update

• The Company's disclosure says his resignation "has been accepted" and that his cessation is "with effect from the closure of the business hours on January 31, 2027".
• January 31, 2027 will be his last working day with the Company.
• His resignation letter, addressed to the Company Secretary and dated 19 October 2026, states that he tenders his resignation from the position "with immediate effect" due to personal reasons, and that in accordance with the terms of his employment his last working day will be 31 January 2027.

How to read the two dates

• The letter records an immediate resignation from the position, while the Company's disclosure records the cessation of his role as taking effect from the closure of business hours on January 31, 2027, which is also described as his last working day.
• The practical point for a reader is that the role continues to be held until that last working day, and the exit is therefore a scheduled one rather than an event that has already been completed.

Why this can matter to a retail investor

• Mergers and acquisitions and investor relations are the functions that deal with inorganic growth and with shareholders, analysts and the media. The person heading them is a senior management role, and a change there is the kind of event investors generally track.
• The stated reason in both the Company's disclosure and the resignation letter is personal reasons.
• The information is a change-in-management update; no financial or operating figures form part of it, so the read-through for investors is about continuity of the M&A and investor-relations function rather than about reported performance.

What to keep an eye on next

• How the Company fills the President (M&A and Investor Relations) role, and any subsequent exchange disclosure on that appointment.

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