Godha Cabcon & Insulation Limited has informed the Exchange regarding Resignation of Mr as Managing Director of the company w.e.f. April 03, 2025.
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Mr. Diwakar Sharma (DIN: 10469285) has resigned from the position of Managing Director of Godha Cabcon & Insulation Limited with effect from the close of business hours on April 3, 2025. His enclosed resignation letter also indicates he is stepping down as Chief Financial Officer (CFO) of the company. The stated reason is pre-occupation with other matters. He does not hold directorship in any other listed entity, and has confirmed there are no other material reasons for his resignation. The Board has noted his resignation and recorded its appreciation for his contribution during his tenure.
This is a significant leadership event, as both the Managing Director and CFO roles are being vacated simultaneously by the same person. This may create short-term governance and operational uncertainty until a replacement is appointed, and could weigh on investor sentiment depending on how quickly the company fills the roles.