BSEAd-Manum Finance LtdHighNegative
Announced Thu, 5 Jun · 12:32 IST

Intimation w.r.t. resignation of the CFO of the Company.

Cfo ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ad-Manum Finance Ltd has informed the BSE that its Chief Financial Officer and Key Managerial Personnel, Mr. Ronak Sharma, has resigned from the company with effect from the close of working hours on June 5, 2025. The resignation is cited as being due to personal reasons, and Mr. Sharma has confirmed there are no other material reasons behind his departure. The company has confirmed it has already begun the process of finding a new CFO and will update the stock exchange once the appointment is finalized. The resignation letter from Mr. Sharma and an annexure with required disclosures under SEBI's listing regulations have been enclosed with the filing.

Likely market impact

The CFO resignation is a key management change at a relatively small NBFC, and investors should watch for the announcement of a permanent replacement. Sudden exits of finance chiefs can sometimes raise governance or internal concerns, though the company has attributed this to personal reasons and stated no material reasons exist.