Elantas Beck India500123Senior KMP change

Chief Financial Officer resigns effective 21st October, 2026; resignation letter marked accepted by MD

ELANTAS Beck India informed the exchanges that Mr. Sanjay Kulkarni has resigned as Chief Financial Officer and Key Managerial Personnel.

By ScoutQuest · Thu 22 Oct 2026, 5:13 PM IST · 2 min read

Mr. Sanjay Kulkarni has resigned from the position of Chief Financial Officer and Key Managerial Personnel of the company.
The resignation is effective from 21st October, 2026, which is also the date recorded as the date of cessation in the company's disclosure table.
The reason recorded by the company is that he wishes to focus on personal priorities & commitments.

The letter is dated October 21, 2026 and is addressed to Anurag Roy, Managing Director.
In it, Mr. Kulkarni requests to be relieved of his duties effective from 21st October, 2026.
He asks that his name be removed as an authorised signatory from all bank accounts and financial instruments of the company with immediate effect.
He also asks the company to initiate the process of informing stock exchanges and relevant regulatory and financial institutions about his separation.
He states he will remain committed to a smooth transition and to hand over his responsibilities, including any support required post-separation.
The letter carries a handwritten "Accepted" with the signature of the Managing Director, dated 21/10/26.

The CFO is a Key Managerial Personnel, part of the senior management group that the law treats separately from ordinary employees.
This role typically carries responsibility for the company's finance function and financial reporting.
A change at this level is therefore a disclosure event for the exchanges, which is what this update is.

The company has given the reason for the change as recorded in the prescribed format, along with the effective date.
Fields meant for a fresh appointment, such as a brief profile and disclosure of relationships between directors, are marked "Not Applicable" in the format, consistent with this being a cessation rather than an appointment.

The stated reason is personal, not a disagreement or a performance matter mentioned in the update.
The outgoing CFO has asked for immediate removal from bank signing authority, and the letter is marked accepted the same day.
The letter records an intent to support the handover, which is the transition arrangement described in the documents.

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