Announced Mon, 5 May · 18:38 IST

Capri Global Capital Limited has informed the Exchange about change in Management

Auditor Resigned MidtermManagement Changes View source PDF

CGCL · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Capri Global Capital has reshuffled parts of its senior management effective May 5, 2025. Mr. Zoheb Sheikh resigned as Head of Internal Audit and Internal Auditor, and was replaced by Mr. Chirag Shah, who was promoted from Associate Director – Internal Audit to Head of Internal Audit on a 3-year term. Additionally, two existing SMPs — Mr. Vikram Vaswani (Head of Insurance) and Mr. Varun Malhotra (Chief Technology Officer) — have been reclassified as non-SMPs due to changes in their designations and organizational structure. The company has provided detailed profiles and board resolutions for each change.

Likely market impact

These are largely internal organizational changes with no direct impact on operations or financials. The internal audit leadership transition appears smooth with an internal promotion, and SMP reclassifications reflect a routine restructuring of reporting lines. Shareholders are unlikely to see material stock price movement from this announcement.