CFO Resigns, Effective Close of Business on December 31, 2026

Bhavik Maisuria has resigned as Chief Financial Officer and Key Managerial Personnel, citing personal reasons.

Wed 30 Sep 2026

CFO Resignation

Bhavik Maisuria has resigned as Chief Financial Officer and Key Managerial Personnel

Notice Period

October 1, 2026 to December 31, 2026

Last Working Day

Close of business hours on December 31, 2026

Reason for Resignation

Personal reasons

What was shared

The company informed BSE that Mr. Bhavik Maisuria has resigned from the post of Chief Financial Officer and Key Managerial Personnel due to personal reasons.

Key points

• Resignation takes effect from the close of business hours on December 31, 2026.
• He will serve his notice period from October 1, 2026 to December 31, 2026.
• From that date he also ceases to be the KMP authorised for determining materiality of events and for making disclosures to stock exchanges.
• His resignation letter states there is no other material reason for stepping down.

What it means for investors

A CFO exit is a senior management change. Here the departure is on stated personal grounds, with a full notice period being served, which gives the company time to plan the transition. Investors may watch for a subsequent announcement on the appointment of a new Chief Financial Officer.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.