Om Power Transmission Limited has announced the resignation of its Chief Financial Officer (CFO), Mr. Chetan Modi. His resignation, effective November 2, 2026, is driven by his intention to pursue professional goals outside the organization. Mr. Modi will also cease to be a Key Managerial Personnel and the authorized person for stock exchange disclosures under Regulation 30(5). The company has provided additional details regarding this change as per SEBI regulations.
Om Power Transmission Announces CFO Resignation
Om Power Transmission Limited has formally notified the stock exchanges regarding the resignation of its Chief Financial Officer (CFO), Mr. Chetan Modi. The resignation letter, dated August 22, 2026, cites Mr. Modi’s desire to pursue external professional opportunities as the reason for his departure.
Effective Date and Role Changes
The resignation will be effective from the closure of business hours on November 2, 2026. Concurrently, Mr. Modi will also step down as a Key Managerial Personnel and relinquish his responsibilities as the person authorized under Regulation 30(5) of the Listing Regulations for making material disclosures to the stock exchanges.
Additional Disclosure Details
Further details concerning this change in leadership, as required by Regulation 30 of the Listing Regulations and the SEBI Master Circular dated January 30, 2026, have been provided in Annexure-B. These details cover the reason for the change and the effective date of cessation.
Source: BSE