CFO and Key Managerial Personnel Vikram Kumar Khaitan resigns; successor being finalised
Kuantum Papers' Chief Financial Officer and Key Managerial Personnel, Mr. Vikram Kumar Khaitan, has tendered his resignation with effect from close of business hours of 31st October 2026, citing personal reasons.
By ScoutQuest · · 2 min read
- Resignation effective date
- close of business hours of 31st October 2026
- Resignation letter date
- 30th September 2026
- Successor status
- in the process of appointing a suitable Chief Financial Officer
Kuantum Papers has disclosed a change in its senior management: its Chief Financial Officer and Key Managerial Personnel has stepped down, and the company says it is looking for a replacement.
Who is stepping down
- Mr. Vikram Kumar Khaitan has tendered his resignation from the post of Chief Financial Officer (CFO) and Key Managerial Personnel of the company.
- The resignation takes effect from the close of business hours of 31st October 2026.
- He stands relieved from the services of the company with effect from close of business hours of 31st October 2026, as approved by the Management.
- The stated reason is personal reasons.
What the resignation letter says
- The letter is dated 30th September 2026 and asks that he be relieved from his duties with effect from the closing business hours on 31st October 2026.
- It states there are no other material reasons for the resignation.
- The company has received confirmation from Mr. Khaitan that there are no material reasons for his resignation other than those mentioned in his resignation letter.
What happens next
The company has said it is in the process of appointing a suitable person as the Chief Financial Officer. The required disclosure about that appointment will be made to the stock exchanges separately once it happens.
How to read this
A CFO exit is a leadership change, so the finance function may run without a permanently named CFO until a successor is appointed. The update does not indicate any dispute or governance issue behind the exit, and the outgoing CFO has confirmed there are no material reasons beyond personal ones. What to track going forward is the announcement of the new CFO and any further change in Key Managerial Personnel.
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