CFO and Key Managerial Personnel resigns on personal grounds; successor being appointed
Mr. Vikram Kumar Khatian has resigned as Chief Financial Officer (CFO) and Key Managerial Personnel of Kuantum Papers Ltd.
By ScoutQuest · · 1 min read
- Relieving date
- close of business hours of 31st October 2026
- Reason for resignation
- personal reasons
- Successor status
- in the process of appointing a suitable person as CFO
The headline
Kuantum Papers Ltd has disclosed that Mr. Vikram Kumar Khatian, its Chief Financial Officer and Key Managerial Personnel, has resigned. He is relieved from the services of the company with effect from close of business hours of 31st October 2026.
Why the company says he left
- The stated reason is personal reasons.
- The company has received a confirmation from him that there are no material reasons for the resignation other than those mentioned in his resignation letter.
- The resignation has been accepted by the management.
Who is affected
- Mr. Khatian held two roles: CFO and Key Managerial Personnel, so both the finance function head position and the KMP slot fall vacant on his exit.
- The CFO is the officer who signs off on the company's financial results and internal financial reporting, which is why a change here is watched by investors.
What happens next
- The update states the company is in the process of appointing a suitable person as Chief Financial Officer.
- The disclosure regarding that appointment will be made to the stock exchanges separately, upon the appointment.
How to read it
- A resignation disclosed under the change-in-management category, with a stated personal reason and a management confirmation that nothing material underlies it, is a routine governance disclosure.
- The watch point for a retail investor is the gap until a new CFO is named: the timing of the next disclosure will show how quickly the finance function leadership is restored.
- Until the new appointment is announced, the finance function is being run without a named CFO and KMP in place.
Also from Kuantum Papers
CFO and Key Managerial Personnel resigns; company cites personal reasons
31 Oct 2026
CFO and Key Managerial Personnel Vikram Kumar Khaitan resigns; successor being finalised
31 Oct 2026
Kuantum Papers audio recording of Q2FY27 earnings conference call held 30.10.2026 now on website
30 Oct 2026
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