Resignation of Chief Finance Officer(CFO)
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Ms. Shuba Lakshmanan has resigned from her roles as Company Secretary, Compliance Officer and Chief Finance Officer (CFO) of Challani Capital Ltd. She cited receiving another job offer as the reason for leaving. Her resignation will take effect from the close of business hours on 14th December 2025 (though her letter initially requested 30th November 2025). She has confirmed there are no other material reasons behind her exit. As she held three key positions simultaneously, the company will need to fill all of them going forward.
The simultaneous exit of the CFO, Company Secretary and Compliance Officer creates a leadership vacuum at the KMP level, which may raise short-term governance concerns until replacements are appointed. For shareholders, this could mean temporary uncertainty around financial reporting and compliance, though the company has stated no material undisclosed issues triggered the exit.