Integrated Capital Services Limited has disclosed the resignation of its Chief Financial Officer, Mr. Pinku Kumar Singh. The resignation was tendered on February 14, 2026, and was accepted by the company's Board of Directors the same day, effective from the close of business hours.

Reason for Resignation

Mr. Pinku Kumar Singh stepped down from his position to pursue an alternate career. He intends to practice as an Advocate and has expressed his wish to apply for enrolment with the Bar Council. The resignation was accepted based on the recommendation of the Nomination and Remuneration Committee.

Board Decision

The Board of Directors of Integrated Capital Services Limited convened a meeting on February 14, 2026, to deliberate on the matter. Following the committee's recommendation, the board formally accepted the resignation, concluding Mr. Singh's tenure with the company effective immediately.

Key Details of the Change

The company provided the following specifics regarding the change in its senior management:

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company confirmed that the requisite documents, including the resignation letter, have been submitted to the stock exchanges.

Integrated Capital Services Limited has announced the appointment of Mr. Ashish Sanwal as its Chief Financial Officer (CFO), effective May 13, 2026. The decision was approved by the Board of Directors during its meeting held on May 12, 2026, following the recommendation of the Nomination and Remuneration Committee.

Appointment Details

Mr. Sanwal, who previously held the position of Manager-Internal Audit, resigned from his former role effective May 12, 2026, to assume the new position. In his capacity as CFO, he will oversee the financial, accounting, taxation, and banking matters of the company, its wholly owned subsidiaries, and associate companies. The appointment is terminable by either party with one month's notice.

Profile and Experience

Mr. Ashish Sanwal is a commerce graduate and holds an MBA in Finance, qualified in 2017. He brings approximately nine years of experience across various domains, including finance, accounts, taxation, and banking.

The disclosure was submitted to the Corporate Relationships Department of BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was made by Vartika Jain, Company Secretary and Compliance Officer.