Intimation under Regulation 30 Resignation of Mr. Shin Heegu from the post of Chief Financial Officer.
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On the reaction day the stock moved 7.1 pts more than Nifty Microcap 250 and 7.2 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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E-Land Apparel Ltd has informed BSE that Mr. Heegu Shin (DIN: 10747987) has resigned from the positions of Whole-time Director and Chief Financial Officer of the company, effective from the close of business hours on January 5, 2026. The reason cited is his pre-occupation and certain personal commitments. Mr. Heegu Shin has confirmed that there are no other material reasons for his resignation. The resignation letter was received by the company on the same day it was signed.
The sudden exit of the CFO and a Whole-time Director may create short-term uncertainty at the leadership level. Investors should watch for the company's announcement regarding a replacement, as a prolonged CFO vacancy could affect financial reporting and governance oversight.