PNC Infratech Limited has informed the Exchange regarding Resignation of Mr. Devendra Kumar Agarwal as Chief Financial Officer of the company w.e.f. March 31, 2026.
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PNC Infratech has informed the stock exchanges that its Chief Financial Officer, Mr. Devendra Kumar Agarwal, has resigned from the position effective from the close of business hours on March 31, 2026. The reason cited is health issues, and the resignation has been accepted by the Board of Directors. Mr. Agarwal has confirmed that there are no other material reasons for his departure. The company has stated that it is in the process of appointing a new CFO and will update the exchanges in due course. The trading window for insiders has been closed for 48 hours following this disclosure.
CFO exits due to health reasons (a personal matter) generally do not signal financial stress, but the change in a key leadership role may cause short-term uncertainty. Investors should watch for the appointment of a new CFO, as continuity in financial leadership is important for execution and investor confidence.