Please find attached the resignation of the Chief Financial Officer of the Company.
Awaiting price reaction for this filing.
Aris International Ltd has informed the stock exchange that its Chief Financial Officer, Mr. Pravin Chandraprakash Chauhan, and its Managing Director, Mr. Nitin Kumar Bhalotia, have both resigned with effect from the close of business hours on May 14, 2025. Both cited 'other professional commitments' as the reason for stepping down, and stated there are no other material reasons behind their exits. As a result, Mr. Bhalotia will also cease to be a member of the company's committees. The board also approved shifting the registered office within Mumbai (from INS Tower to WeWork Enam Sambhav, both in Bandra-Kurla Complex).
The simultaneous exit of both the CFO and the Managing Director in a single day is a significant leadership vacuum for a small listed company and may raise governance concerns among shareholders. Investors should watch for timely disclosure of new appointments to the CFO and MD positions, as prolonged gaps could weigh on the stock and operational continuity.