Escorts Kubota Ltd - Intimation Of Resignation Of Mr. Shenu Agarwal, President, Agri & Construction Business

We would like to inform you that Mr. Shenu Agarwal has tendered his resignation from the post of President, Agri & Construction Business to pursue alternative career interests elsewhere and his resignation has been accepted today i.e. Sep 21 2022. Mr. Shenu Agarwal will, however, continue to work with us until end of Nov. 2022. We will be shortly announcing the organizational realignment to invigorate the company and position Escorts Kubota Limited (EKL) into becoming one of the leading player in all key domains where we serve. A full replacement for Mr. Shenu Agarwal's role is not envisaged and EKL will become a flatter customer centric organisation with line-of-sight management. Mr. Shenu Agarwal is not a designated Key Managerial Person as per Companies Act, 2013 and this intimation is being provided as a good governance practice. We request you to kindly take note of the same in your records.