Intimation w.r.t. resignation of the CFO of the Company.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.1 pts less than Nifty Microcap 250 and 2.6 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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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.
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.