Announced Fri, 6 Feb · 17:12 IST

Outcome of Board Meeting held on February 06, 2026.

Cfo ResignedKmp ResignedManagement Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Monarch Surveyors and Engineering Consultants Ltd, at its meeting on February 06, 2026, approved the appointment of Mr. Sanjay Premkumar Kandhari as the new Chief Financial Officer (KMP) with immediate effect. The Board also noted the resignation of Ms. Supriya Suresh Chougule from the CFO post, effective February 04, 2026. Mr. Kandhari is a Chartered Accountant with over 25 years of experience in finance leadership across manufacturing, infrastructure, shipping, FMCG, and services sectors. He has handled organisations with revenues up to Rs. 1,190 crores and has expertise in fundraising, IPOs, M&A, and financial restructuring. The company also updated its official email IDs as part of the announcement.

Likely market impact

This is a routine CFO transition rather than a sudden vacancy — the outgoing CFO resigned two days before the new CFO was appointed, suggesting a planned handover. The new CFO brings strong credentials and listed-company experience, which should reassure investors about financial governance continuity.