CFO tenders resignation; cessation effective from close of business hours on October 10, 2026
Ms. Parveen Kumari has resigned as Chief Financial Officer and Key Managerial Personnel, citing personal reasons.
- Resignation letter date
- 30th September 2026
- Cessation effective date
- close of business hours on October 10, 2026
- Reason stated
- personal reasons
Who is stepping down and when
The company has informed the exchanges that Ms. Parveen Kumari has tendered her resignation as Chief Financial Officer (CFO) and Key Managerial Personnel of the company. In her resignation letter dated 30th September 2026, she asked to be relieved of her duties on 10th October 2026, and the company states that her cessation is effective from the close of business hours on October 10, 2026.
What the resignation letter says
- The reason stated for the resignation is personal reasons.
- She has confirmed that there are no other material reasons for her resignation beyond those stated.
- She thanked the management for the support and cooperation extended to her during her tenure with the company.
- She said she is grateful for the opportunities of growth and experience gained there.
- She has assured her full cooperation for the smooth handover of the work.
What the company has disclosed
- Reason for change (resignation): personal reasons.
- Date of cessation: effective from the close of business hours on October 10, 2026.
- The disclosure also carries entries for brief profile and for any relationship between directors, both of which are marked as not applicable, since this is a resignation rather than an appointment.
The intimation has been signed by Mr. Anil Kumar, Company Secretary and Compliance Officer.
How a retail investor can read this
The CFO sits among the key managerial personnel of a company and is closely involved with its accounts, audit and financial reporting. A resignation in that role is a change at the top of the finance function. Here, the stated reason is personal, and the outgoing officer has confirmed there are no other material reasons, with a handover promised. Investors generally track such changes to see who takes over the role and how smoothly the transition is managed.
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