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Awaiting price reaction for this filing.
Paradeep Parivahan Ltd has written to BSE explaining a delay in disclosing the resignation of its Chief Financial Officer, Mr. Nasir Uddin Khan. Mr. Khan stepped down effective close of business on 23rd December 2025, but the company informed the exchange only on 27th December 2025, missing SEBI's mandatory 24-hour disclosure window. The company has attributed the delay to an inadvertent lapse in internal communication and called it unintentional and under exceptional circumstances. It has provided the required KMP details as an annexure along with the earlier intimation. The Managing Director cum CEO, Mr. Khalid Khan, has requested the exchange to condone the delay.
This is largely a procedural compliance issue and not a strategic event. The CFO exit at a small, recently listed company (BSE scrip 544383) may raise minor governance concerns among investors, though the company has explained the delay. Shareholders should monitor if a permanent CFO replacement is announced soon to ensure financial reporting continuity.