I would like to clarify that I have always endeavored to perform my duties with utmost sincerity, integrity, and in adherence to the Company’s Code of Conduct and policies. Regarding the incident reported on 11th June 2025 involving the non-deposit of cash amounting to Rs. 53,724/- by the staff under Kadapa-3 Branch (APIL0377), I wish to state the following:

1. I was neither directly involved in handling nor in the deposit of the said cash. The issue was promptly escalated to the concerned department on the same day.


2. However, as part of the cluster leadership, I fully acknowledge that this matter reflects on the oversight responsibilities assigned to me, and I assure you that I take the situation with utmost seriousness.


3. Upon becoming aware of the incident, I initiated an internal review within the cluster to ascertain the facts and ensure such lapses do not recur.


4. I am fully cooperating with the internal process and remain committed to identifying the root cause of the deviation, if any.


5. At no point was there any intention to violate the Company’s Code of Conduct or compromise on integrity.



I sincerely regret any inconvenience caused due to this situation and assure you of my complete support and compliance with all Company policies and guidelines. I remain committed to upholding the Company’s values and ensuring accountability within the team under my supervision.

I kindly request that this explanation be considered in the review of the matter. I am available for any further clarification or discussion as required.