Intimation of Resignation of Chief Financial Officer (CFO) of the Company
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Gautam Exim Ltd has informed the stock exchange that Mr. Balasubramanian Raman (DIN: 00410443) has resigned from his position as CFO-cum-Managing Director, effective from the close of business hours on June 27, 2025. The resignation is linked to a Share Purchase Agreement (SPA) between the existing promoters/directors and proposed incoming promoters under an Open Offer, suggesting a change in ownership or control. This is a significant dual exit — the company is losing both its CFO and its Managing Director at the same time. The resignation letter was dated June 21, 2025.
For shareholders, this signals a promoter-level change at the company and a temporary leadership vacuum at the top, which could create uncertainty in the short term. The incoming promoters will likely appoint new management soon, which may reshape the company's direction.