We regret to inform you that the sad demise of Mr. Parimal A Desai, Chief Financial Officer of the company.
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Chemiesynth (Vapi) Ltd has informed the stock exchange about the sudden and sad demise of its Chief Financial Officer, Mr. Parimal Amratlal Desai, on September 7, 2025. The company received the intimation on September 8, 2025 and disclosed it promptly under SEBI LODR regulations. Mr. Desai served the company for around 20 years and had been the CFO since 2015, playing a key leadership role during his tenure. The board and employees have conveyed deep condolences to his family. The company has not yet announced a replacement CFO.
The sudden loss of a long-serving CFO may create short-term uncertainty around financial reporting and leadership continuity at this small-cap company. Shareholders should watch for updates on the appointment of a new CFO, as this is a key managerial position under SEBI regulations and a replacement must be made within six months.