Navkar Corporation Limited has informed the Exchange regarding Resignation of Mr. Arun Sharma, Chief Executive Officer & Key Managerial Personnel of the Company, vide letter dated June 05, 2025 due to personnel reasons and he will be relieved from his duties effective from end of business hours of September 05, 2025.
NAVKARCORP · price
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Awaiting price reaction for this filing.
Navkar Corporation Limited has informed the stock exchanges that Mr. Arun Sharma, Chief Executive Officer and Key Managerial Personnel of the company, has resigned due to personal reasons. He submitted his resignation letter dated June 5, 2025 and will be relieved from his duties at the end of business hours on September 5, 2025, giving roughly a three-month transition period. The intimation was filed under SEBI Listing Regulations by the Company Secretary, Deepa Gehani. No replacement or successor has been announced in this filing.
Shareholders should note a leadership transition at the top, though the three-month notice period provides time for an orderly handover. The market may react mildly until the company announces a new CEO; absence of a disclosed successor could keep the stock under short-term watch.