Indian Tanners & Developers Ltd has formalized the withdrawal of Chief Financial Officer Surya Pratap Singh's resignation through a comprehensive board resolution process. The Board of Directors approved the withdrawal on February 17, 2026, ensuring continuity in the company's financial leadership without any interruption in service.

Board Resolution Timeline

The resolution process began with circulation to all directors on February 11, 2026, following Singh's withdrawal letter dated February 7, 2026. The CFO had originally tendered his resignation on January 7, 2026, which was accepted by the Board on February 2, 2026, with effect from February 7, 2026.

Director Approval Process

The resolution was passed by circulation under Section 175 of the Companies Act, 2013, with all seven directors providing their assent between February 12-17, 2026. The approval process demonstrated unanimous support for retaining Singh in his leadership role.

Leadership Continuity Assured

The board resolution explicitly states that Singh will continue as Chief Financial Officer and Key Managerial Personnel without any break in tenure. The earlier acceptance of resignation has been treated as withdrawn and will not be given effect to, ensuring no vacancy in the CFO position.

Regulatory Compliance

The announcement complies with Sections 175 and 203 of the Companies Act, 2013, and Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Company Secretary Vishesh Chaturvedi digitally signed the resolution documents, ensuring proper documentation and regulatory adherence for this key managerial personnel decision.

Indian Toners & Developers Limited has announced that Chief Financial Officer Surya Pratap Singh has withdrawn his resignation and will continue in his role without any interruption in service. The development was communicated to BSE Limited on February 07, 2026, in compliance with regulatory requirements.

Resignation Withdrawal Details

Surya Pratap Singh had initially submitted his resignation from the position of CFO and Key Managerial Personnel on January 07, 2026. The resignation was scheduled to become effective from the close of business hours on February 07, 2026. However, Singh has now withdrawn his resignation through a letter dated February 07, 2026.

Management Discussions Lead to Decision

According to Singh's withdrawal letter, the decision to continue in his role came after meetings and discussions with the senior management and Whole Time Director of the company. Singh stated that following these discussions, he decided to withdraw his resignation letter and continue his employment as CFO of the company.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (LODR) Regulations, 2015. Company Secretary and Compliance Officer Vishesh Chaturvedi signed the regulatory filing, ensuring proper documentation of the withdrawal of resignation.

Corporate Governance Impact

The withdrawal of resignation ensures continuity in the company's financial leadership. Singh will continue serving as both CFO and Key Managerial Personnel, maintaining stability in the company's senior management structure. The company has confirmed that there will be no break in Singh's services, ensuring seamless continuation of his responsibilities.

This development reflects the company's ability to retain key personnel through effective dialogue and management engagement, which is crucial for maintaining operational stability and corporate governance standards.