Ajax Engineering Limited has informed the Exchange regarding Resignation of Mr Tuhin Basu as Chief Financial Officer of the company w.e.f. September 30, 2025.
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Ajax Engineering Limited has informed the stock exchanges that Mr. Tuhin Basu has resigned from the position of Chief Financial Officer (CFO) and Key Managerial Personnel, effective from the close of business hours on September 30, 2025. Mr. Basu stated he is stepping down to pursue an entrepreneurship journey and confirmed there are no other material reasons for his departure. Importantly, he will continue to support the company in an advisory capacity from October 1, 2025, suggesting an amicable transition. The disclosure was made under SEBI Listing Regulations by the Company Secretary, Shruti Vishwanath Shetty.
The resignation is framed as a personal career move rather than a governance issue, and the advisory continuity should ease any immediate operational concerns. However, investors should watch for a permanent CFO appointment announcement in the coming weeks, as leadership gaps in finance roles can temporarily affect financial reporting cycles and investor confidence.