Disclosure regarding the deemed resignation of the Erstwhile Directors and Key Managerial Personnel of Cian Healthcare Limited pursuant to the resolution plan approved by the Hon'ble National ....
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Cian Healthcare Ltd has effected a complete top-management overhaul after the NCLT Mumbai approved its insolvency resolution plan on December 18, 2025, with Mr. Pradeep Kumar Jain as the Successful Resolution Applicant. All five senior positions were vacated via deemed resignation effective from the order date, including Managing Director Mr. Suraj Shriniwas Zanwar, Independent Director Mr. Sunil Kumar, Director Mr. Santosh Pimparkar, Company Secretary Mr. Bhushan Kulkarni, and CFO Ms. Kalyani Chordia. A Resolution Plan Implementation Committee, chaired by Mr. Roshen Chordia (erstwhile Resolution Professional), was constituted on December 20 to drive the transition. Since the exits stem from the NCLT order, no formal resignation letters were required. The company is now exiting the corporate insolvency resolution process (CIRP) and preparing for new governance under the incoming promoter/investor.
This marks the company's formal exit from insolvency proceedings and a clean governance reset. Shareholders should expect a new board and management to be appointed shortly by the Successful Resolution Applicant, which will shape the company's future strategy and could materially impact stock direction going forward.