Hester Biosciences Announces Resignation of COO Dr. Ram Prakash

Team Finance Saathi

    24/Dec/2024

What's covered under the Article:

  1. Dr. Ram Prakash resigns as Chief Operating Officer of Hester Biosciences.
  2. The resignation is effective from the close of office hours on December 23, 2024.
  3. SEBI-compliant disclosure provided with resignation details.

Hester Biosciences Limited has announced the resignation of Dr. Ram Prakash, the company's Chief Operating Officer (COO), effective from the close of office hours on December 23, 2024. The resignation follows the company’s compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This change in senior management personnel was duly informed to both the BSE (Scrip Code: 524669) and the NSE (Symbol: HESTERBIO).

In line with the SEBI Listing Regulations, Hester Biosciences provided all necessary details regarding this resignation. As per the revised SEBI Circular (SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023), the company disclosed that Dr. Ram Prakash resigned for personal reasons, and no related party transaction or conflicts arose as part of this decision. There were no appointments or re-appointments or changes in director relationships in this instance.

The company also attached the resignation letter of Dr. Ram Prakash in the official communication, which was submitted to both the BSE and the NSE for record-keeping and compliance purposes. This resignation does not affect any ongoing business operations or strategic initiatives of the company.

Hester Biosciences remains committed to transparency and adherence to regulatory guidelines, ensuring that all such changes are properly communicated. This shift in senior management personnel is part of the company’s ongoing governance framework. For further updates on corporate changes and stock market performance, investors are encouraged to monitor the Hester Biosciences stock through the official exchange platforms.

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