Ajax Engineering has accepted the resignation of Ketan Pendse as Chief Financial Officer and Key Managerial Personnel, effective September 7, 2026. The departure is attributed to personal reasons.

The Bengaluru-based construction equipment manufacturer disclosed the change in its compliance filing with stock exchanges. Pendse tendered his resignation via a letter dated September 7, 2026, stating there were no other material reasons for stepping down.

Board Response

The company expressed appreciation for Pendse’s contributions during his tenure. The Board wished him well in future endeavours.

Shruti Vishwanath Shetty, Company Secretary and Compliance Officer, signed the intimation letter submitted to BSE and NSE. The filing was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Details

The resignation takes effect from the close of business hours on Monday, September 7, 2026. The company confirmed that no other material factors influenced the decision.

Ajax Engineering has scheduled its 34th Annual General Meeting for Monday, September 28, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means.

Shareholders can participate in remote e-voting starting Friday, September 25, 2026, at 9:00 am. The voting window closes on Sunday, September 27, 2026, at 5:00 pm.

Meeting Details

The company issued the notice pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The AGM will commence at 9:30 am IST. Members holding shares as of the cut-off date will be eligible to vote electronically.

Shruti Vishwanath Shetty, Company Secretary and Compliance Officer, signed the disclosure dated September 3, 2026. The notice was published in Financial Express and Vishwavani newspapers.