Reason for delay for not informing the details of change in Director, KMP (Chief Financial Ofifcer) to the Exchange within 12 hours from the effective date of appointment.
With reference to the earlier intimation SATCHMO/001/2024-25 dated April 18, 2024, we would like to inform that the Company has intimated the appointment of Mr. Ramesh Karur Raghavendran (DIN 03572425) as Additional Whole-time Director and Chief Financial Officer of the Company on April 18, 2024 after delay of 24 hours due to the fact that the formal internal communication regrading his terms of appointment from the HR Head-Senior Mgmt Team for intimation to exchange was received only on April 18, 2024 due to delay in execution of his employment agreement and moreover I was unwell and resumed back to office only on 18th April 2024 and thereafter completed the required intimation.
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