CFO Samir Kumar Ray resigns due to personal reasons; to be relieved on January 02, 2027

Kesoram Industries' Chief Financial Officer, Mr. Samir Kumar Ray, has resigned due to personal reasons.

Sat 10 Oct 2026

Effective Relief Date

close of business hours on January 02, 2027

Resignation Letter Date

09.10.2026

Tenure With Organisation

serving the organisation since June 2010

What the company told the exchanges

• Mr. Samir Kumar Ray, Chief Financial Officer (CFO) and Key Managerial Personnel of the Company, has tendered his resignation due to personal reasons.
• He will be relieved from the services of the Company with effect from the close of business hours on January 02, 2027.
• The company has placed on record its deep sense of appreciation for the services rendered by him and for his contribution during his tenure as the CFO.
• The company states it is in the process of appointing a suitable candidate for the position of CFO & KMP, and that the same will be intimated to the stock exchanges in due course.
• The company has received confirmation from Mr. Ray that there are no material reasons for his resignation other than those mentioned in his resignation letter.

What the resignation letter says

• The letter is dated 09.10.2026 and is addressed to the Managing Director/Members of the Board.
• Mr. Ray cites personal reasons, and states he is resigning from the post of CFO of Kesoram Industries Limited and from his other services for the Kesoram Industries Ltd Group.
• He states he has been serving the organisation since June 2010.
• He states he will serve the notice period up to 02-01-2027, and has requested payment and settlement of his dues as per the terms of his employment and relief on the last day of his service, i.e. 02-01-2027.

How a retail investor can read this

• This is a change in a Key Managerial Personnel position, communicated by the company itself to the exchanges.
• The stated reason is personal, and the company says it has received confirmation that there are no material reasons beyond those in the resignation letter.
• The separation takes effect from the close of business hours on January 02, 2027, so the disclosure comes ahead of the effective date.
• On succession, the company states it is in the process of appointing a suitable candidate for the position of CFO & KMP, and that this will be intimated to the exchanges in due course.

What to watch

• The appointment of the new CFO and Key Managerial Personnel, which the company says it will intimate to the exchanges in due course.
• Whether the company's stated transition timeline of January 02, 2027 is followed.

This is an intimation of a resignation; the company has also recorded its appreciation for the outgoing CFO's services.

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