Announced Tue, 16 Dec · 17:36 IST

As Attached

Cfo ResignedKmp ResignedManagement Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Purshottam Investofin Limited, at its meeting held on December 16, 2025, accepted the resignation of Mr. Suraj Kumar from the post of Chief Financial Officer, effective close of business hours the same day, as he is moving on to pursue other career opportunities. Simultaneously, on the recommendation of the Nomination & Remuneration Committee, Mr. Ravi Kumar Purohit has been appointed as the new CFO and Whole-time Key Managerial Personnel, also effective December 16, 2025. Mr. Purohit is a B.Com graduate with experience in financial planning and analysis, accounting, taxation, and auditing. The company has stated there are no material reasons behind the outgoing CFO's departure beyond the reasons disclosed.

Likely market impact

This is a routine CFO-level change with an immediate replacement, suggesting continuity in financial leadership and compliance oversight. For shareholders, the news is likely neutral and should not materially affect the stock price.