We hereby inform you that Mr. Mahadevan Ramanathan Kavassery has resigned from the position of Chief Financial Officer and Key Managerial Personnel of the Company with effect from the close ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Landmarc Leisure Corporation Ltd has informed the stock exchanges that Mr. Mahadevan Ramanathan Kavassery has resigned from the position of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company. The resignation takes effect from the close of business hours (the exact date is truncated in the headline but the filing confirms it as a formal intimation under SEBI LODR rules). The company will need to appoint a new CFO in due course to fill this critical finance leadership role. No reason for the resignation was provided in the available text.
CFO resignations in small-cap companies can create short-term uncertainty around financial reporting and strategy continuity, but the market impact is usually limited unless the exit signals deeper governance issues. Shareholders should watch for the timely appointment of a replacement CFO.