Popees Cares Limited has announced the simultaneous resignations of two key personnel, marking significant changes in the company's leadership structure. Both resignations were submitted on January 10, 2026, and will take effect from January 15, 2026.

Key Personnel Changes

The company has informed BSE Limited about the departure of Ms. Divya P.S., who serves as Company Secretary and Compliance Officer and is designated as Key Managerial Personnel. Her resignation letter, dated January 10, 2026, cites professional reasons for her departure. She will be relieved from her duties at the close of business hours on January 15, 2026.

Simultaneously, Mr. Suresh Thekkemalaikkal Ramakrish Achary (DIN: 01859728), serving as Independent Director, has also submitted his resignation. His departure from the Board will be effective from January 15, 2026, also citing professional reasons.

Resignation Details

The following table summarizes the key details of both resignations:

Regulatory Compliance

Popees Cares Limited has submitted the resignation letters along with detailed reasons to BSE Limited in compliance with Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that there are no material reasons for the resignations other than those mentioned in the respective resignation letters.

Both departing personnel have confirmed their commitment to ensuring smooth transitions. Ms. Divya P.S. stated she would extend full cooperation for a smooth handover of responsibilities, while Dr. T.R. Suresh expressed appreciation for the cooperation and support received during his tenure and wished the company continued success.

Additional Information

According to the regulatory filing, neither of the resigning personnel holds directorship in any other listed entities. The company has provided comprehensive documentation as required under SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated November 11, 2024, ensuring full transparency in the resignation process.

Popees Cares Limited has submitted an explanation to BSE regarding the delayed disclosure of director resignations under SEBI regulations. The company addressed the delayed filing through a formal communication dated December 29, 2025, explaining the circumstances that led to non-compliance with prescribed timelines.

Director Resignations

The delayed disclosures pertained to the resignations of two key directors from the company's board:

The Board of Directors duly acknowledged and accepted both resignations on their respective dates, indicating proper internal governance procedures were followed.

Technical Issues Behind Delay

Popees Cares Limited attributed the delayed submission to technical difficulties that impacted their compliance capabilities. The company experienced server downtime during the relevant period, which affected access to official emails and internal records necessary for completing the required disclosures.

The technical issues prevented the company from accessing essential documentation and systems needed to prepare and upload the resignation disclosures within SEBI's prescribed timeframe. Upon restoration of their systems, the company promptly submitted all required disclosures along with relevant supporting documents.

Regulatory Compliance Commitment

In its communication to BSE, Popees Cares Limited emphasized that the delay was unintentional and occurred solely due to technical reasons. The company reaffirmed its commitment to maintaining timely compliance with all applicable SEBI regulations and listing obligations.

The company has indicated that it has implemented measures to prevent similar delays in future regulatory filings. Director Shaju Thomas (DIN: 06412983) signed the explanation letter on behalf of the company, formally requesting BSE to take the explanation on record.