Carborundum Universal Limited has informed the Exchange regarding 'Stepping down of Cheif Financial Officer'.
CARBORUNIV · price
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Awaiting price reaction for this filing.
Mr. Sushil Kishor Bendale has stepped down as the Chief Financial Officer (and Key Managerial Personnel) of Carborundum Universal Limited effective the closing hours of 26th September 2025. This is a follow-up to an earlier intimation made by the company on 7th August 2025, suggesting the departure was pre-planned rather than sudden. The company has not disclosed the reason for his exit or named a successor in this filing. The communication was signed by Rekha Surendhiran, Company Secretary.
CFO exits at large listed companies often prompt short-term uncertainty, but since this was flagged in early August, the market likely had time to digest the news. Investors should watch for a formal successor announcement and any changes to the company's financial guidance or capital allocation plans.