Sandhar Technologies clarifies management change, disclosure delay

Sandhar Technologies Limited, in a revised disclosure dated September 4, 2025, announced that Narender Kumar Dogra, vice president - finance & accounts, ceased to be an employee of the company from the close of business hours on August 31, 2025, due to superannuation. Dogra will, however, continue his association with Sandhar Technologies in an advisory capacity starting September 1, 2025. This decision followed discussions with management, which formally decided not to extend his employment term on September 2, 2025.

The company stated that the initial intimation regarding Dogra's departure was delayed by more than 24 hours. The delay was attributed to ongoing discussions regarding the extension of his employment term. The formal decision not to extend his term, and to transition him to an advisory role, was communicated to the Secretarial Department on September 2, 2025, leading to the subsequent delay in public disclosure.

Sandhar Technologies acknowledged the delay and expressed regret, assuring that such instances will be avoided in the future to ensure timely regulatory filings. The company's chief financial officer & company secretary, Yashpal Jain, signed the disclosure.