INTIMATION OF TAKE NOTE OF RESIGNATION OF CHIEF FINANCIAL OFFICER OF THE COMPANY
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Prime Industries Ltd has informed the stock exchanges that Mr. Rajesh Kumar Kakkar, the Chief Financial Officer (CFO) of the company, has resigned from his position. The resignation takes effect from the close of business hours on 11 November 2025. Mr. Kakkar cited personal reasons for his departure. The Managing Director, Mr. Rajinder Kumar Singhania, has signed and submitted the intimation to BSE under SEBI Listing Regulations. As of now, no replacement CFO has been announced in this filing.
A CFO departure in a small-cap company can create short-term uncertainty around financial reporting continuity and may be viewed negatively by investors. Investors should watch for a timely appointment of a new CFO, as a prolonged vacancy could raise governance concerns.