Clarification5 Nov 2026, 05:30 pm
Skyways Air Clarifies Disclosure Timeline for HR VP Resignation
AI Summary
Skyways Air Services Ltd has provided a clarification to the stock exchange regarding a delay in disclosing the resignation of Mr. Kamal Kant Virthare, Associate Vice President - Human Resource (HR), who is classified as Senior Management Personnel (SMP). The resignation was effective October 31, 2026, and the company submitted the intimation on November 3, 2026. Skyways Air explained that the delay was due to an inadvertent oversight in understanding the applicable disclosure timeline, as they believed a seven-day period was permissible under SEBI LODR Regulations. The company has submitted all required details and supporting documents and assures future compliance.
Key Highlights
- Clarification issued on delayed disclosure of SMP resignation.
- Resignation effective Oct 31, 2026; disclosure filed Nov 3, 2026.
- Delay attributed to misunderstanding of disclosure timelines.
- Company assures commitment to transparency and future compliance.
Price Impact
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