Please find enclosed intimation regarding resignation of Chief Financial Officer.
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Medi-Caps Limited has informed the stock exchange that Mr. Hemant Sethi, a Chartered Accountant, has resigned from the post of Chief Financial Officer and Key Managerial Personnel (KMP) of the company. The resignation is effective from the close of business hours on 06th June 2026, based on his resignation letter dated 03rd June 2026. In his letter, Mr. Sethi cited the pursuit of career growth and professional opportunities as the reason, and confirmed there are no other material reasons. The Board of Directors has acknowledged his resignation and recorded appreciation for his services. The resignation letter will be formally accepted in the upcoming Board Meeting.
The departure of the CFO creates a temporary leadership gap in the finance function until a replacement is appointed. While the stated reason is routine (career growth), investors should watch for timely disclosure of a new CFO appointment to ensure financial reporting continuity.