Resignation of Mr. Siddarth Mohta, Chief Investment Officer, being Key Managerial Personnel [as per Section 2(51) of Companies Act, 2013] w.e.f. 6th May, 2025.
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Mr. Siddarth Mohta, Chief Investment Officer of Ashika Credit Capital Ltd, has resigned from his position effective 6th May 2025. He was classified as a Key Managerial Personnel (KMP) under Section 2(51) of the Companies Act, 2013. The company has notified BSE of this leadership change. No details on the reason for resignation or a replacement appointment have been disclosed in this filing.
Loss of a senior investment leader may create short-term uncertainty around investment strategy and portfolio decisions. Shareholders should watch for any subsequent announcement regarding a replacement CIO to assess continuity in the company's investment function.