This is further to the Outcome of board meeting intimated by the Company on May 30, 2025 inter-alia informing about the resignation of Ms. Devaki Saran as the Chief Financial Officer of ....
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Hindustan Hardy Limited has informed the BSE about the resignation of Ms. Devaki Saran as the Chief Financial Officer (CFO) of the company, effective June 1, 2025. The resignation letter, dated May 30, 2025, cites 'other work commitments' as the reason, with no other material reason disclosed. The CFO is classified as a Key Managerial Personnel (KMP) under the Companies Act. The company's Company Secretary, Ms. Sunita Nisal, has submitted the intimation along with the resignation letter to the stock exchange. No successor or interim CFO has been announced in this filing.
The sudden exit of the CFO without an immediate replacement announcement may create short-term uncertainty around financial reporting and leadership continuity. Retail investors should watch for a follow-up announcement regarding a new CFO appointment, as a prolonged vacancy could raise governance concerns.