Resignation of Chief Financial Officer of the company
MODINATUR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Modi Naturals Ltd has informed BSE that Mr. Pradeep Kapoor, the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company, has resigned effective from the close of business hours on 29th July 2025. His resignation letter states the last working day as 2nd August 2025, citing personal commitments and pre-occupations as the reason. The company has confirmed there is no material reason behind the resignation other than what is stated. The disclosure was made under Regulation 30 of SEBI LODR Regulations, 2015 and signed by the Company Secretary, Rajan Kumar Singh.
The departure of the CFO creates a short-term gap in senior finance leadership, which investors should monitor. However, since the resignation cites personal reasons with no governance or financial irregularities flagged, the immediate impact on the stock is likely to be neutral. Shareholders should watch for the company's next announcement regarding the appointment of a new CFO.