Announced Tue, 22 Sept, 2026 · 18:25 IST
CFO resigns; promoter family member appointed as new CFO
Cfo ResignedKmp ResignedPromoter Family Board EntryManagement Changes View source PDFExplain this filing
Price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Mr. Pavan Jain resigned as CFO due to personal commitments effective Sept 22, 2026. Mr. Samyak Alok Jain, aged about 22 with one year of finance experience and son of MD and CEO Mr. Alok Jain, appointed as the new CFO for a five year term. Board also appointed M/s Aadil Aibada and Associates as internal auditor for FY 2026-27.
Likely market impact
Promoter family member taking CFO role at age 22 with limited experience may raise governance concerns among shareholders.