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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Deep Diamond India Limited has informed the BSE that Mr. Narendra Kumar Shrimali has resigned from the position of Chief Financial Officer (CFO) of the company, effective from the close of business hours on April 16, 2025. The reason cited for his resignation is personal preoccupation and unavailability. Importantly, Mr. Shrimali will continue to serve on the Board as a Non-Executive Director, meaning the company is not losing him entirely. No other material reasons for the resignation have been disclosed. The intimation has been made under Regulation 30 of SEBI Listing Regulations, and his resignation letter has been enclosed with the filing.
This is a routine KMP change with a soft impact for shareholders — the CFO is stepping down but remains on the Board as a Non-Executive Director, preserving continuity. Investors should watch for the appointment of a new CFO, as financial reporting leadership transitions can sometimes create short-term uncertainty, though no governance red flags are evident from this filing.