Astec LifeSciences Limited has informed the Exchange regarding Cessation of Ms MUGDHA AMOL KHARE as Chief Financial Officer of the company w.e.f. close of business hours on March 06, 2026.
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Astec LifeSciences Limited has informed the stock exchange that Ms. Mugdha Amol Khare will cease to be the Chief Financial Officer of the company with effect from the close of business hours on March 06, 2026. The company has not specified the reason for her exit in this filing. As a Key Managerial Personnel (KMP), her departure requires the company to appoint a new CFO within the stipulated time under SEBI LODR regulations. Investors should watch for further announcements regarding interim or permanent CFO appointment.
CFO exits at listed companies can create short-term uncertainty around financial reporting continuity and disclosure compliance. Shareholders should monitor for a replacement appointment and any related disclosures about reasons for the departure.