CFO Parth H Palera resigns from Deccan Health Care effective 25 June 2026
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On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 1.8 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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Deccan Health Care Ltd informed BSE that its CFO and Key Managerial Personnel Mr. Parth H Palera resigned with immediate effect from close of business on 25 June 2026 to pursue a better professional opportunity. He also held the additional role of Administrative Executive cum Accountant. He will cease to be the KMP authorized for determining materiality of events under SEBI Listing Regulations. No successor has been announced yet.
C-suite exit at a small-cap pharma company. Investors should watch for timely appointment of a new CFO and any disruption to financial reporting.