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BSEDhanlaxmi Cotex Ltd· Commercial Services & SuppliesHighNegative
Announced Tue, 9 Dec, 2025 · 17:42 IST

In terms of Regulation 30 of SEBI (LODR), Regulations, 2015, this is to inform that Mr. Rahul Mahesh Jhawar (DIN:07590581) has tendered his resignation from the post of Executive Director ....

CFO resignedKey managerial personnel resignedManagement Changes View source PDFExplain this filing

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By the next day the stock moved 0.2 pts more than Nifty Microcap 250 and in line with its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Mr. Rahul Mahesh Jhawar (DIN: 07590581) has resigned from the post of Executive Director and CFO of Dhanlaxmi Cotex Limited, effective from the close of business hours on 9th December 2025. He cited professional preoccupancy and family separation as the reasons for his resignation. He confirmed there are no other material reasons behind his exit. The company has informed BSE of this change under SEBI LODR Regulation 30 read with Schedule III. The resignation letter from Mr. Jhawar is enclosed as part of the disclosure.

Likely market impact

The company has lost a key executive (CFO) along with a board director in a single departure, which may raise short-term governance and operational concerns. Investors should watch for an timely replacement announcement to fill both the Executive Director and CFO roles.