CFO resigns; resignation effective from the close of business hours of 24th November, 2026

CFO Mr. Raju Ram Prajapat has resigned.

Tue 6 Oct 2026

Resignation Letter Date

05th October, 2026

Effective Date

close of business hours of 24th November, 2026

Reason Stated

personal reasons, with no other material reasons

Archidply Decor Ltd has informed the stock exchanges that Mr. Raju Ram Prajapat has resigned from the post of Chief Financial Officer of the company.

What the company disclosed

• The resignation letter is dated 05th October, 2026
• The resignation is effective from the close of business hours of 24th November, 2026
• The reason recorded for the resignation is personal reasons
• Mr. Prajapat confirmed there are no material reasons for his resignation other than those mentioned in the resignation letter
• The company said it will take the necessary steps for appointment of a new Chief Financial Officer and will intimate the exchanges at the earliest

What the outgoing CFO said

• In his letter, he said the decision was taken after careful consideration, due to personal reasons
• He said he remains committed to leading the accounts and finance function during this transition period
• The aim stated is a seamless, structured handover of all compliances, corporate reporting cycles and banking relationships to his designated successor
• He also said the transition is intended to ensure his departure does not disrupt the company's financial governance, upcoming statutory closures or ongoing corporate banking arrangements

How to read this

• The Chief Financial Officer is a key managerial position, so a change at this level is a leadership development that investors generally track
• The company's own disclosure records the reason as personal, and states that no other material reasons were given
• The stated effective date, 24th November, 2026, is later than the date of the resignation letter, so the finance function continues to be led by the outgoing CFO through the handover period
• The company has said a new CFO will be appointed and the exchanges informed at the earliest

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