Date: 26th October 2025
Source: NSE Corporate Filing
Quality Power Electrical Equipments Limited (NSE: QPOWER) has formally intimated the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) regarding the resignation of Mr. Sachin S. Kulkarni, General Manager-HR and a key Senior Management Personnel (SMP).
Key Highlights of the Resignation:
- Resigning Executive: Mr. Sachin S. Kulkarni, GM-HR, SMP
- Effective Date: Proposed last working day is 31st October 2025 (subject to notice period adjustment).
- Tenure with Company: Since 1st January 2018
- Reason for Resignation: Personal and professional goals
- Notice Period Adjustment: Mr. Kulkarni has requested early release with compensation adjustment in lieu of the standard three-month notice period.
- Acknowledgment: Mr. Kulkarni expressed gratitude to the leadership, particularly Joint Managing Director Shri Bharani, for guidance and opportunities during his tenure.
- Transition Support: Offered to assist in smooth transition of responsibilities during notice period.
Company’s Communication
The company confirmed the resignation and assured that all relevant stakeholders will be informed. The intimation will also be available on the company’s official website at www.qualitypower.com.
Market Impact & Investor Perspective
- Management Changes: Departure of a senior HR executive may impact internal HR operations and corporate governance processes temporarily.
- Investor Outlook: Since this is an administrative-level change, no immediate financial impact is expected on share prices.
- Corporate Governance: Shows proactive compliance with NSE/BSE regulations for disclosure of SMP changes.
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