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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Mr. Heegu Shin (DIN: 10747987) has resigned from his dual role as Whole-time Director and Chief Financial Officer of E-Land Apparel Ltd, effective from the close of business hours on January 5, 2026. The company received his resignation letter on the same day and has disclosed this to BSE under SEBI Listing Regulations. He cited personal preoccupation and commitments as the reason, confirming no other material reasons exist. The Managing Director Dongju Kim has signed off on the intimation.
Loss of a key managerial personnel handling both finance and directorial duties may create short-term leadership gaps; investors should watch for an interim arrangement or replacement appointment, though the stated reason appears benign.