Intimation under regulation 30 of the SEBI (LODR) Regulations, 2015
Awaiting price reaction for this filing.
Mr. Bhavinkumar Rasiklal Sherathiya has resigned from the position of Chief Financial Officer (CFO) of Sharanam Infraproject and Trading Ltd with immediate effect from 12th April 2025. The reason cited is personal in nature, and the outgoing CFO has confirmed there are no other material reasons behind his departure. The intimation has been filed with BSE under Regulation 30 of SEBI LODR Regulations. The company has not yet announced a replacement CFO.
The sudden exit of the CFO, who is a key managerial personnel, may create short-term uncertainty around financial reporting and leadership continuity. Shareholders should watch for the timely appointment of a new CFO, as prolonged vacancy at this level could raise governance concerns.