Heranba Industries Limited has informed the Exchange regarding Resignation of Mr Rajkumar Bafna as Chief Financial Officer of the company w.e.f. Jun 30, 2025.
HERANBA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 2.3 pts less than its Pesticides & Agrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Mr. Rajkumar Bafna has stepped down as Chief Financial Officer and Key Managerial Personnel of Heranba Industries, effective from the close of business hours on June 30, 2025. In his resignation letter, he stated the decision was to pursue new opportunities and challenges. The company has confirmed that there are no other material reasons behind his departure beyond what is mentioned in the letter. Heranba is in the process of identifying a suitable replacement and will fill the vacancy within SEBI-prescribed timelines. Mr. Bafna has committed to supporting a smooth handover over the coming weeks.
The exit of a key finance leader may create short-term uncertainty for investors, but the company has committed to a timely replacement and orderly transition. Shareholders should watch for the upcoming announcement on the new CFO appointment.