The Board at its meeting held on 14.11.2025 have approved the resignation of Mr. Nikhil Agarwal as Chief Financial Officer of the Company
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CDG Petchem Ltd has informed the stock exchanges that its Board of Directors, at a meeting held on 14 November 2025, accepted the resignation of Mr. Nikhil Agarwal from the position of Chief Financial Officer (CFO). The resignation is effective immediately from the same date. Mr. Agarwal cited 'other engagements and personal reasons' as the cause for stepping down. The disclosure was filed under SEBI's Listing Obligations and Disclosure Requirements (Regulation 30). The company has not yet announced a replacement CFO.
Sudden exit of a key finance executive may create short-term uncertainty around financial reporting and compliance, especially for a small-cap company. Investors should watch for an upcoming announcement regarding the appointment of a new CFO, as a prolonged vacancy could weigh on sentiment.