Century Enka: Senior Management Resignation Announcement

Date: 28 March 2026

Key Highlights

• Resignation: Dr. Parthiban Manoharan, Head – CTS & Quality Assurance, has submitted his resignation effective July 2026.
• Regulatory Compliance: The intimation complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulation 30, Para‑A(7C)).
• Notice Period: The resignation letter confirms that the notice period will be honored, ensuring a transition window of approximately four months.

Financial Implications

• No direct impact on revenue, profit margins, or cash flow is disclosed.
• Potential indirect costs may arise from recruitment, onboarding, or interim management, but these are expected to be marginal.

Strategic Considerations

• Continuity: Maintaining quality assurance standards is critical for Century Enka’s cement and construction material business. The company is expected to appoint an interim or permanent replacement promptly.
• Operational Risk: A brief transition period could pose minor risks to project timelines or quality compliance, though no specific concerns have been raised.

Regulatory & Compliance

• The filing satisfies SEBI’s disclosure norms, reinforcing the company’s commitment to transparency.
• Annexure‑A (submitted on 24 March 2026) contains the detailed information required by SEBI Circular No. SEBI/HO/CFD/CFD‑PoD1/P/CIR/2023/123.

Outlook for Investors

• Risk: Low to moderate operational risk during the handover.
• Opportunity: Potential for fresh leadership to bring new efficiencies or innovations in the CTS and QA domains.
• Overall Sentiment: Neutral – the change is procedural with limited immediate impact on the company’s financial health.

Prepared by the Investor Relations Team