Kalyani Steels Limited has informed the Exchange regarding Resignation of Mr Maheshwari as Chief Finan of the company w.e.f. May 09, 2026.
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Mr. Bal Mukand Maheshwari has resigned as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of Kalyani Steels Limited. The resignation is effective from the close of business hours on May 8, 2026. The reason stated is personal reasons. Maheshwari served as CFO for 13 years and confirmed there are no other material reasons for his departure. The company has not announced a replacement yet. A smooth transition process will be ensured during the handover period.
The departure of a long-serving CFO could create short-term uncertainty about financial oversight and reporting. Investors should watch for the appointment of a new CFO, as this is a key leadership change that may impact investor confidence in the near term.