CFO and Executive Director resigns, stays on board

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

INDIANCARD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-1.3%1-day move

₹223.70

prior close

₹227.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————-1.3-4.3-6.5-6.5-7.9-6.9-2.1———

Up moveDown movePending

AI summary

Mr. Sanjeevkumar Karkamkar has resigned as Executive Director and CFO of Indian Card Clothing Company effective September 1, 2026, citing advancing age. He will continue as a Non-Executive Non-Independent Director on the board, ensuring continuity.

Likely market impact

Smooth transition as he stays on board. Company will need a new CFO appointment; watch for successor announcement.