Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, this is to inform you that Mr. Suketu R. Shah (DIN: 00063124) has communicated his decision to resign from the position of Joint Managing Director and Director of the Company with effect from December 01, 2022.
The Company places on record its deep appreciation for Mr. Suketu R. Shah for his invaluable and remarkable contributions and support to the Company during his tenure as Director and the Joint Managing Director of the Company.
Further, the Company has received confirmation from Mr. Suketu R. Shah that there are no material reasons for his resignation other than those mentioned in his resignation letter dated December 01, 2022 and the same is enclosed herewith.
Further, the disclosures as required under Regulation 30 of the SEBI Regulations read with SEBI Circular no. CIR/CFD/CMD/4/2015 dated September 09, 2015 is also enclosed.