Refex Renewables Finance Director Jaya Krishna resigns
Refex Renewables & Infrastructure Ltd announced the resignation of Jaya Krishna as Director – Finance (Corporate Finance) effective June 30, 2026. The resignation was accepted by the Board following his letter dated June 04, 2026, citing personal reasons. The disclosure was made to BSE under SEBI Listing Regulations.
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Refex Renewables & Infrastructure Ltd announced that Mr. Jaya Krishna has ceased to hold the position of Director – Finance (Corporate Finance). The resignation, effective from the close of working hours on June 30, 2026, was accepted by the company following the submission of his letter dated June 04, 2026. The company stated that the departure was due to personal reasons.
The disclosure was made to The BSE Limited under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification also referenced the SEBI Master Circular bearing reference no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Mr. Krishna was classified as a senior managerial person within the organization. The filing confirmed that there are no applicable details regarding a brief profile or director relationships to disclose in this instance, as the pertains to a cessation rather than an appointment.
Resignation Details
The following table outlines the key particulars regarding the change in the company's senior management:
| S. No. | Particulars | Mr. Jaya Krishna [Director – Finance (Corporate Finance)] |
|---|---|---|
| a) | Reason for change viz. appointment, resignation, removal, death or otherwise: | Personal Reasons |
| b) | Date of appointment/ cessation (as applicable) Term of appointment | June 30, 2026 (Close of working hours) |
| c) | Brief profile (in case of appointment): | Not applicable. |
| d) | Disclosure of relationships between directors (in case of appointment of a director): | Not applicable. |
The filing was submitted by Vinay Aggarwal, Company Secretary & Compliance Officer of Refex Renewables & Infrastructure Limited. The company's Registered Office is located at Second Floor, Refex Towers, Sterling Road Signal, 313, Valluvar Kottam High Road, Nungambakkam, Chennai – 600034, Tamil Nadu.
Who will succeed Mr. Jaya Krishna as Director – Finance (Corporate Finance), and how will this transition impact the company's financial strategy?
Will the resignation affect Refex Renewables' ongoing or planned infrastructure projects, particularly those requiring significant corporate finance oversight?
How might the market react to the departure of a senior managerial figure, and could it influence investor confidence in the company's governance?
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