This is to intimate that the Chief Financial Officer shall resign from the Company with effect from 13th December, 2025.
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On the reaction day the stock moved 3.8 pts less than Nifty Microcap 250 and 4.3 pts less than its Pesticides & Agrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Adarsh Plant Protect Ltd has informed the stock exchanges that Mr. Himanshu Bhoi has resigned as the Chief Financial Officer of the company. His resignation will take effect from 13th December 2025. As per his resignation letter, the reason cited is personal — specifically, he is relocating outside India. The company has filed this intimation with BSE under SEBI Listing Regulations. No information has been provided yet about who will replace him or the timeline for appointing a new CFO.
A CFO departure is a key managerial change that investors should monitor closely, especially since no successor has been named. Short-term uncertainty around financial reporting continuity may weigh on sentiment, though the resignation is attributed to personal reasons rather than governance issues.