Industrial Investment Trust Limited has informed the Exchange regarding Resignation of Mr Sagar Jaiswal as Chief Financial Officer of the company w.e.f. August 31, 2025.
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Mr. Sagar Jaiswal has resigned as Chief Financial Officer (Group CFO) and Key Managerial Personnel of Industrial Investment Trust Limited, effective August 31, 2025. He cited his decision to start his own Chartered Accountancy practice as the reason, noting he gained hands-on experience in corporate accounting under Ind AS and audit coordination during his one-year tenure. The management has accepted his resignation, and he confirmed there are no other material reasons for his departure. No successor has been announced in this filing.
Investors should monitor for a timely appointment of a new CFO, as a leadership gap in the finance function can create short-term uncertainty around financial reporting and disclosures. The resignation appears to be personal and career-driven rather than governance-related, which limits the negative signal, but absence of an immediate replacement may raise minor concerns.