KMKasturi Metal Composite544688Senior KMP change

CFO tenders resignation, to step down with effect from close of business on November 03, 2026

Chief Financial Officer tenders resignation.

By ScoutQuest · Tue 27 Oct 2026, 5:16 PM IST · 2 min read

Role

Chief Financial Officer (CFO) and Key Managerial Personnel

Effective Date

close of business hours on November 03, 2026

Stated Reason

his other personal reasons

Who is stepping down

• Mr. Pravin Kesharwani has tendered his resignation from the position of Chief Financial Officer (CFO) of Kasturi Metal Composite Ltd. The CFO is also a Key Managerial Personnel of the company.

When it takes effect

• The resignation is with effect from the close of business hours on November 03, 2026.
• Until that point, he continues to hold the CFO position as stated in the update.

Why

• The stated reason is his other personal reasons.
• In his resignation letter, he confirms that there are no other material reasons for the resignation other than those stated.

What the company has disclosed

• The intimation was signed by Samit Singhai, Chairman & Managing Director.
• The update carries a tabular disclosure of the change, in which the date of cessation is given as the close of business hours on November 03, 2026 and the reason is recorded as resignation due to other personal reasons.
• The table marks the fields for brief profile and for disclosure of relationships between directors as Not Applicable, since the change is a resignation and not an appointment.
• The resignation letter from Mr. Kesharwani forms part of the disclosure, in which he thanks the Board, management and colleagues for their support during his tenure and wishes the company continued success.

How to read this as an investor

• A CFO is part of the senior management that oversees the company's accounts, financial reporting and internal controls. A change in this role is a management development that investors generally track.
• The update records the reason as personal, and the departing officer has stated there are no other material reasons. That is the explanation on record.
• What the disclosure sets out is the resignation, its effective date and the reason. The date of the change is November 03, 2026, which is the point from which the position ceases to be held by Mr. Kesharwani.

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