Disclosure for change in Management due to Resignation of Chief Financial Officer
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Ahmedabad Steelcraft Ltd's board, at its meeting on November 11, 2025, approved the standalone unaudited financial results for Q2 and the half year ended September 30, 2025, along with the limited review report from statutory auditors M/s Prateek Gupta & Co. The board also accepted the resignation of Mr. Kamlesh Kumar Sharma from the position of Chief Financial Officer, effective from the close of business hours on November 11, 2025. Mr. Sharma stated he is stepping down to take up the CFO role in another group company and confirmed there is no other material reason for his exit. No appointment of a new CFO was announced in this filing. The board meeting ran from 4:30 p.m. to 5:45 p.m. and the communication was signed by Chairman Rohit Pandey.
A CFO exit to a sister group company is typically seen as a neutral, administrative reshuffle rather than a red flag, but the absence of an immediate replacement may briefly raise uncertainty about continuity in financial reporting and controls until a new CFO is appointed.