Cessation of Mr. Surendra Chhalani as the Chief Financial Officer of the Company w.e.f. 01st October, 2025
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Mega Corporation Ltd has informed the stock exchanges that Mr. Surendra Chhalani has stepped down as Chief Financial Officer of the company, effective from 1st October 2025. The resignation was submitted due to personal reasons and ongoing health concerns, and the outgoing CFO has confirmed there are no other undisclosed material reasons. The disclosure was filed under SEBI's Listing Regulations, signed by Mr. Kunal Lalani (Director) on behalf of the company. No interim or permanent replacement CFO has been announced in this filing.
The departure of the CFO, who is a Key Managerial Personnel, may raise short-term governance and continuity concerns among investors, especially since no successor has been named yet. Shareholders should watch for a follow-up announcement regarding appointment of a new CFO, as an extended vacancy could affect financial reporting timelines.