Brigade Enterprises Limited has informed the Exchange regarding Resignation of Mr Jayant B Manmadkar as Chief Financial Officer of the company w.e.f. October 09, 2025.
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Mr. Jayant B Manmadkar has resigned as Chief Financial Officer and Key Managerial Personnel of Brigade Enterprises, effective from the close of business on 9th October 2025. The resignation is due to personal reasons, specifically a family member's health condition requiring him to relocate from Bengaluru to Mumbai. To ensure continuity, the Board has designated Mr. Pradyumna Krishna Kumar, an existing Executive Director aged 42 with over 16 years of experience (including 16 years at Brigade since 2009), as Interim CFO with effect from 10th October 2025. This is an interim arrangement until the Board appoints a permanent CFO. The decision was approved by the Audit Committee and Nomination and Remuneration Committee.
The transition is orderly with an internal replacement already lined up as Interim CFO, which should minimise disruption to financial reporting and operations. Shareholders may want to monitor the appointment of a permanent CFO, as prolonged interim arrangements can sometimes create governance concerns.