Disclosure of Resignation of Key Managerial Personnel (Chief Financial Officer) in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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KJMC Financial Services Ltd has informed the stock exchanges that Mr. Sajjan Kumar Bawri, the Chief Financial Officer and Key Managerial Personnel (KMP) of the company, resigned with effect from the close of business hours on May 22, 2025. The resignation was tendered for personal reasons, and the company has accepted it and relieved him from his responsibilities. The company has disclosed this under SEBI Listing Regulations and attached the resignation letter along with the required details as Annexures. No successor has been named in this filing.
Investors should note the sudden exit of the CFO of this small NBFC, even though the stated reason is personal. The stock price may see short-term weakness until a replacement is announced, as CFO-level changes at smaller companies can raise governance and continuity concerns.