Resignation of Mr. Ravi Jaswani, Head - Finance designated as SMP of the Company
CAPILLARY · price
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Mr. Ravi Jaswani, Head - Finance and designated Senior Management Personnel (SMP) at Capillary Technologies India Ltd, has resigned effective June 05, 2026. The resignation was submitted on May 29, 2026. The stated reason is to pursue new challenges and opportunities. The company disclosed this under SEBI Listing Regulation 30, which mandates immediate intimation of material changes in key personnel. No reason for concern was cited in the resignation letter, which expressed gratitude toward the board and management.
The departure of the Head - Finance is notable as SMPs are considered material personnel under SEBI regulations. Investors should watch for an orderly transition and any impact on financial reporting or investor communications. No immediate red flags, but replacement timeline will be key.