Indo Tech Transformers Limited — Others, 08-04-2025: Resignation

Mr. Shridhar Gokhale has resigned from his position as Whole Time Director & CEO of Indo-Tech Transformers, effective April 7, 2025, to pursue personal interests. His departure means he will also step down from the Stakeholders Relationship and Corporate Social Responsibility Committees. The Board of Directors has accepted his resignation and will appoint a successor in accordance with regulatory timelines. This leadership change may prompt investor scrutiny regarding the company's strategic direction. While there might be some uncertainty, it could present opportunities if the new leadership aligns with growth objectives, fostering a positive outlook among stakeholders.