Nexxus Petro Industries Limited has informed to the Stock Exchange Pursuant to Regulation 30 of LODR Regulations 2015 regarding the resignation of Chief FInancial Officer Mr. Gaurav Narendra ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nexxus Petro Industries has informed the stock exchange that its Chief Financial Officer, Mr. Gaurav Narendra Mehta, has resigned from the company. His resignation is effective from the close of business hours on March 31, 2026. The reason cited is to pursue another career opportunity. The company acknowledged his contribution to its growth. Mr. Mehta held no shares in the company and will also cease to be the Key Managerial Personnel authorised for determining materiality of disclosures under Regulation 30.
Investors should note the sudden exit of a KMP at the close of a financial year, which could create short-term uncertainty around financial reporting and succession planning. However, the resignation is attributed to a personal career move rather than governance issues.