Kaveri Seed Company has announced that Chief Financial Officer K. V. Chalapathi Reddy will retire from the company upon attaining the age of superannuation. The resignation takes effect at the close of business hours on July 31, 2026, marking a transition in the firm’s key managerial personnel and financial leadership structure.

The intimation was issued pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Managing Director G.V. Bhaskar Rao confirmed that Reddy will cease to hold the position of CFO and Key Managerial Personnel (KMP) simultaneously with his retirement.

Reddy’s departure also impacts the company’s disclosure framework. He will cease to be the Key Managerial Personnel authorized for determining the materiality of events or information and for making disclosures to stock exchanges under Regulation 30 of the Listing Regulations.

The company submitted the required details to both the National Stock Exchange of India Limited and BSE Limited. The disclosure includes specific information regarding the cessation date and the reason for the change, as outlined in the regulatory filing.

Key Details of Retirement

The announcement was signed by G.V. Bhaskar Rao, Managing Director, carrying DIN 00892232. The company stated that the intimation is also available on its official website.

Leadership Transition

As a Key Managerial Personnel, Reddy played a central role in the company’s financial reporting and regulatory compliance. His retirement necessitates an internal or external appointment to fill the CFO role and ensure continuity in financial oversight and exchange communications.

The filing did not disclose the name of his successor. Investors and stakeholders will need to monitor future announcements from Kaveri Seed Company for details regarding the new financial leadership appointment.

Kaveri Seed Company has received a notice of hearing from the Income Tax Appellate Tribunal regarding a tax demand of Rs. 73,25,39,490 for Assessment Year 2020-21. The development was disclosed through a regulatory filing submitted on June 3, 2026.

The tribunal has scheduled the hearing for December 7, 2026. The matter pertains to a tax demand raised for the financial period corresponding to AY 2020-21. The company will present its case before the tribunal on the scheduled date.

Key Details of the Tax Demand

The following table outlines the specifics of the tax demand and the upcoming hearing:

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was digitally signed by Sreelatha Vishnubhotla on June 3, 2026.