Announced Thu, 17 Jul · 20:52 IST

Resignation of Mr. Ravi Ashok Jakhotia from the position of the General Manager Finance and Admin of the Company

Management Changes View source PDF

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AI summary

Polo Queen Industrial and Fintech Ltd has informed the exchanges that Mr. Ravi Ashok Jakhotia, General Manager Finance and Admin, has resigned from the company. He was classified as a Senior Management Personnel (SMP) under SEBI Listing Regulations. His resignation is effective from the close of business hours on July 25, 2025, and the stated reason is 'better opportunity and future endeavors.' The Board of Directors has accepted the resignation and taken it on record. The filing does not mention any immediate replacement, and no other details about his tenure or future plans are disclosed.

Likely market impact

This is a mid-to-senior level finance and admin departure at a small-cap company. While not a CEO or CFO exit, losing the head of finance and admin could create short-term operational gaps. Investors should watch for a timely replacement announcement to confirm continuity in financial controls and reporting.