Resignation of CFO
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Mr. Vinod Pandurang Jadhav has tendered his resignation as Chief Financial Officer (CFO) of Prashant India Limited. The resignation letter is dated 16th May, 2026, with his last working day being 18th May, 2026. The company has filed this intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation letter expresses gratitude for the professional growth opportunities and collaborative experiences during his tenure. No reasons for resignation or any concerns have been indicated in the disclosed documents. A replacement for the CFO position has not been mentioned in this filing.
The departure of the CFO creates a key leadership gap in the finance function. Until a replacement is appointed, the company's financial reporting and investor communications may be impacted. Investors should monitor for the appointment of a new CFO, as this is a significant governance event.