Creative Newtech Limited has informed the Exchange regarding Resignation of Mr Abhijit Divakar Kanvinde as Chief Financial Officer of the company w.e.f. April 14, 2026.
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Mr. Abhijit Divakar Kanvinde has tendered his resignation as Chief Financial Officer of Creative Newtech Limited, effective from the close of business on April 14, 2026. The resignation has been accepted by Mr. Ketan Chhaganlal Patel, Chairman and Managing Director. The reasons cited include personal reasons related to advancing age, health considerations, and the demanding nature of the role. The departing CFO has confirmed there are no other material reasons for his resignation. He holds no shareholding in the company and has offered support during the transition period. The company has disclosed this under Regulation 30 of SEBI (LODR) Regulations, 2015.
The departure of the CFO creates a key leadership gap in the finance function. Until a replacement is appointed, existing management will need to handle financial operations. This may raise short-term concerns for investors regarding financial oversight continuity and reporting timelines.