Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 ('Listing Regulations'), we wish to inform you that Mr. Narendra Kumar Shrimali has ....
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Mr. Narendra Kumar Shrimali has resigned from the position of Chief Financial Officer of Deep Diamond India Limited, effective from the close of business hours on April 16, 2025. He cited personal pre-occupation and unavailability as the reasons for his resignation, with no other material reasons disclosed. Importantly, he will continue to serve on the Board of the Company in the capacity of a Non-Executive Director, providing some continuity at the board level. The intimation was filed with BSE on April 15, 2025, in compliance with SEBI Listing Regulations. The company has not yet announced a replacement for the CFO role.
The departure of the CFO is a notable change in key managerial personnel, though the fact that Mr. Shrimali remains on the Board as a Non-Executive Director provides some continuity. Shareholders will likely look for a prompt appointment of a new CFO, as this is a critical finance leadership role.