USG Tech Solutions Limited has announced the resignation of its Company Secretary and Compliance Officer, Ms. Rolly Tiwari, marking a change in the company's key managerial personnel. The IT software company informed the stock exchanges about this development through a regulatory filing under SEBI disclosure requirements.

Resignation Details

Ms. Rolly Tiwari, who served as Company Secretary, Compliance Officer, and Key Managerial Personnel of USG Tech Solutions, tendered her resignation on December 22, 2025. Her departure becomes effective from the same date after the closure of working hours of the stock exchange.

Reason for Departure

According to the company's disclosure, Ms. Tiwari cited personal reasons and the desire to pursue career opportunities outside the organization as the primary factors behind her decision. In her resignation letter, she explicitly confirmed that there are no other material reasons for her departure apart from those mentioned.

Company's Response and Next Steps

USG Tech Solutions has initiated the process of identifying a suitable replacement for the vacant position. The company management has confirmed that:

• The shortlisting process for potential candidates has commenced
• The appointment will be finalized within prescribed timelines under SEBI (LODR) Regulations
• Required disclosures will be made upon the new appointment

The company emphasized its commitment to maintaining regulatory compliance during this transition period and ensuring continuity in its secretarial and compliance functions.

Regulatory Compliance

The resignation was formally communicated to both the Bombay Stock Exchange Limited and Calcutta Stock Exchange Limited, where the company's shares are listed under scrip code 532402. This disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders and regulatory authorities.

USG Tech Solutions Limited (ISIN: INE718B01017) announced that its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), Mr. Aadarsh Aggarwal, has tendered his resignation. The company disclosed this information in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

Resignation Details

Mr. Aggarwal's resignation will take effect on November 14, 2025, after the closing of business hours. The company stated that the resignation was due to personal reasons, as mentioned in Mr. Aggarwal's resignation letter.

Key Points

• Effective Date: November 14, 2025 (after closing of business hours)
• Reason: Personal reasons
• Position Vacated: Chief Financial Officer (CFO) and Key Managerial Personnel (KMP)

Company's Response

USG Tech Solutions has informed that Mr. Aggarwal will cease to be a Key Managerial Personnel under the provisions of Section 203 and other applicable provisions of the Companies Act 2013. Additionally, he will no longer be responsible for determining the materiality of events or transactions for making required disclosures to the stock exchange under SEBI LODR Regulations 30(5).

The company's Board of Directors will formally record Mr. Aggarwal's resignation at their upcoming board meeting. USG Tech Solutions has also stated that they are in the process of appointing a new Chief Financial Officer and will communicate this appointment to the stock exchanges in due course.

Impact and Next Steps

The departure of a key executive can often raise questions about a company's financial leadership. However, USG Tech Solutions has assured stakeholders of a smooth transition. The company's proactive approach in initiating the process to appoint a new CFO demonstrates its commitment to maintaining strong financial management and compliance with regulatory requirements.

Investors and stakeholders will likely be watching closely for announcements regarding the appointment of a new CFO, as this role is crucial for the company's financial strategy and reporting.

As the situation develops, USG Tech Solutions is expected to keep the market informed about the appointment of a new CFO, ensuring transparency and compliance with SEBI regulations.