Intimation regarding Change in Management
GRWRHITECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Garware Hi-Tech Films Limited announced the resignation of Mr. Abhishek Agarwal as Chief Financial Officer, effective May 15, 2026. He cited pursuit of career opportunities outside the company as the reason for leaving. With this resignation, he will cease to be a Key Managerial Personnel (KMP) under the Companies Act, 2013 and will also step down from the Risk Management Committee. Mr. Agarwal confirmed there is no other material reason for his resignation beyond what was stated. The company has indicated it will make a separate announcement regarding the appointment of a new CFO.
The departure of the CFO creates a leadership gap in the finance function, which may cause short-term concern among investors about financial management continuity. The company's prompt announcement of a replacement will be closely watched by the market.