Please be informed that Mr. Vinayak Narayan Pawar, CFO of the Company has tendered his resignation from the service of the company with effect from the close of the business hour 28th February ....
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Devinsu Trading Ltd has informed the stock exchange that two Key Managerial Personnel have resigned effective from the close of business on February 28, 2026. Mr. Vinayak Narayan Pawar, the Chief Financial Officer (CFO), stepped down citing personal reasons and other professional commitments. Mrs. Ritu Pareek, the Company Secretary & Compliance Officer, also resigned due to personal reasons and to pursue an alternate career opportunity outside the organisation. Both have confirmed that there are no other material reasons for their exit. The company has stated that it is in the process of identifying and appointing a new CFO and Company Secretary and will update the exchanges once these positions are filled. The communication was signed by Director Deniis Desai (DIN 02904192).
Simultaneous exit of two senior KMPs — the CFO and the Company Secretary — could create short-term governance and compliance uncertainty for the company until replacements are appointed, though the resignations have been attributed to personal reasons rather than any disclosed dispute.