Board Meeting16 Mar 2026, 05:31 pm
SRM Energy Ltd's CFO, Raman Kumar Mallick, Resigns Due to Change in Management
AI Summary
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, Mr. Raman Kumar Mallick has resigned from his position as Chief Financial Officer of SRM Energy Ltd, effective close of business hours on March 16, 2026. This resignation is in accordance with Clause No. 7.1.4 of the Share Purchase Agreement (SPA) dated September 25, 2025, which was executed between Spice Energy Pvt. Ltd. and Mr. Umesh Narpatchand Sanghvi along with Mrs. Sapna Sanghvi, in connection with the Takeover of the Company. The Disclosure as required under Regulation 30 read with Schedule III of the SEBI Listing Regulations, 2015 and the Resignation letter of Mr. Raman Kumar Mallick are enclosed as Annexure-I and Annexure-II respectively.
Key Highlights
- Mr. Raman Kumar Mallick has resigned from his position as Chief Financial Officer of SRM Energy Ltd.
- The resignation is due to a change in management as per the Share Purchase Agreement (SPA) dated September 25, 2025.
- The resignation will be effective from close of business hours on March 16, 2026.
- The necessary forms will be filed with the Registrar of Companies and the Stock Exchange(s), and other authorities as required.
- The Disclosure as required under Regulation 30 read with Schedule III of the SEBI Listing Regulations, 2015 and the Resignation letter of Mr. Raman Kumar Mallick are enclosed as Annexure-I and Annexure-II respectively.