Mr. Heegu Shin (DIN:10747987) has tendered his resignation as Whole Time Director and chief financial officer of the Company w.e.f 5.01.2025.
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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 the stock exchanges that Mr. Heegu Shin (DIN: 10747987) has resigned from his dual role as Whole-time Director and Chief Financial Officer, effective from the close of business hours on January 5, 2026. The reason cited is his personal preoccupations and personal commitments, with no other material reasons disclosed. The company received his resignation letter on the same day, and the intimation was signed by Managing Director Dongju Kim. No successor has been named in this filing, and no brief profile or relationship details were applicable.
The departure of the CFO and a Whole-time Director creates a leadership gap in finance and operations at a time when the company has not yet announced a replacement, which may raise short-term governance concerns among shareholders.