Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III thereto, we would ....
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Hazoor Multi Projects Limited informed the stock exchange about a change in its Chief Financial Officer following a board meeting held on April 29, 2025. The board accepted the resignation of Ms. Francisca Rosario, who stepped down as CFO effective April 7, 2025 (this resignation had already been disclosed earlier). In her place, the board approved the appointment of Mr. Samir Mahendra Desai as the new CFO, effective April 29, 2025. Mr. Desai is a Commerce Graduate and a qualified Chartered Accountant with over 30 years of experience in finance, including financial analysis, budgeting, strategic planning, and process optimization. The board meeting ran from 4:00 p.m. to 6:25 p.m.
This is a routine key managerial personnel change with no disruption to business. The new CFO brings over three decades of finance leadership experience, which may be viewed positively by shareholders as it strengthens the company's financial management.