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PM Telelinnks informs about change in management

04 Dec 2024 Evaluate
With refer to query dated 02nd December 2024 regarding the delay in submission of the resignation letter of Sree Jithender Kondabathini, Chief Financial Officer (CFO), and the non-inclusion of required details under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, in the above-referred announcement, PM Telelinnks has clarified that intimation regarding the resignation of Sree Jithender Kondabathini was provided to the BSE within the prescribed timeline as per applicable regulations. However, the resignation letter, which was received on 13th November 2024, could not be merged with the final document uploaded on the BSE portal due to a technical glitch. This oversight was inadvertent, and we deeply regret the same. They also acknowledged that the announcement referred to in query did not include certain details mandated under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. To address this, they are submitting the revised announcement, which includes the resignation letter of Sree Jithender Kondabathini and all required disclosures as per the aforementioned SEBI Circular. They have reviewed its internal processes to ensure compliance with regulatory requirements in a timely and accurate manner. Further, necessary steps have been taken to prevent such occurrences in the future.

The above information is a part of company’s filings submitted to BSE.

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