Announced Mon, 18 May, 2026 · 16:50 IST

Intimation for resignation of Mr. Vyangesh Choksi as Chief Financial Officer of the company

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

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₹99.00

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+7.7% vs market

Healthcare Service Provider peers, median of 26sector+0.3%+7.9% vs sector

On the reaction day the stock moved 7.7 pts more than Nifty Microcap 250 and 7.9 pts more than its Healthcare Service Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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+22.2+1.0+21.2+1.2+21.0

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AI summary

Mr. Vyangesh Choksi (DIN: 00154926) has tendered his resignation as Chief Financial Officer of Choksi Laboratories Ltd with effect from the close of business on May 18, 2026. The resignation was submitted on May 5, 2026 and taken on record in a board meeting on May 18, 2026. Vyangesh Choksi cited his commitment to ongoing multiple new projects within the company as the reason for stepping down from the CFO role. He has confirmed no other material reasons for his resignation and stated that all sign-offs and financial statements during his tenure were based on available books, records, and information. Notably, he will continue to serve as Whole Time Director of the company, meaning this is a change in KMP role rather than a full departure from the board.

Likely market impact

The resignation of the CFO is a notable KMP change. While Vyangesh Choksi remains on the board as Whole Time Director, the company now needs to appoint a new CFO — an important governance transition for shareholders to monitor.