Mumbai, Sept. 9 -- Following his resgination, the Board also decided to designate Vivek Sharma, non-executive independent director, as interim chairperson of the company till January 31, 2027.

The resignation followed an internal audit review conducted as part of the Q2 FY26 internal audit plan, which examined the process followed for the Board Evaluation Exercise conducted in March/April 2026 and the resulting Board Evaluation Report (BER) presented to the Board under the chairman's guidance.

The review identified concerns regarding the manner in which the BER was dealt with and presented to the Board, including the non-disclosure of certain material information relating to the BER and the chairman's performance.

The board subsequentl...