Resignation of CFO
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Awaiting price reaction for this filing.
Mr. Jitendra Adhyaru has resigned as the Chief Financial Officer (CFO) and Key Managerial Personnel of Kaarya Facilities and Services Limited, effective from the close of business hours on March 23, 2026. He cited personal reasons and his desire to pursue other career opportunities. The Board of Directors acknowledged and appreciated his contributions during his tenure. The company has disclosed the details as required under SEBI Listing Regulations and attached his resignation letter.
The sudden exit of the CFO may create short-term uncertainty around financial reporting and leadership continuity, though the company states he will assist in a smooth handover. Retail investors should watch for the appointment of a new CFO, as a prolonged vacancy could be a minor governance concern.