CFO Navraj Bhatt resigns with effect from close of business on September 30, 2026
Mr. Navraj Bhatt has resigned as Chief Financial Officer (Key Managerial Personnel), effective from the closure of business hours on September 30, 2026.
- CFO Resignation
- Mr. Navraj Bhatt has resigned as Chief Financial Officer (Key Managerial Personnel)
- Effective Date
- Closure of business hours on September 30, 2026
- Reason
- Personal reasons
- Material Concerns
- No other material reason cited in resignation letter
What was announced
The company has intimated the exchange, under Regulation 30 of the SEBI Listing Regulations, that Mr. Navraj Bhatt has resigned from the post of Chief Financial Officer, a Key Managerial Personnel position.
- Effective from closure of business hours of September 30, 2026
- Reason stated: personal reason
- The resignation letter confirms there is no other material reason for the resignation
- He has assured a smooth handover of his data and availability for assistance in future
Why it matters
The CFO is one of the senior-most officers responsible for a company's financial reporting and compliance. A change in this role is a management change that investors typically watch, especially for continuity in accounting and reporting processes until a successor takes charge.
The update was signed by Managing Director Fattehsingh Krishnrao Patil, and the information is also placed on the company's website.
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