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Purshottam Investofin Ltd announced that its Board of Directors, at a meeting held on December 16, 2025, accepted the resignation of Mr. Suraj Kumar from the position of Chief Financial Officer (CFO), effective close of business hours on December 16, 2025. Mr. Suraj Kumar cited pursuing other professional avenues as the reason for his departure and confirmed there are no other material reasons. Simultaneously, on the recommendation of the Nomination & Remuneration Committee, the Board appointed Mr. Ravi Kumar Purohit as the new CFO and Whole-time Key Managerial Personnel, effective the same date. Mr. Purohit is a B.Com graduate with experience in financial planning, accounting, taxation, and auditing. The transition is being carried out in compliance with SEBI (LODR) Regulations.
This is a routine key managerial personnel change with no disruption to operations, as the new CFO has been appointed on the same day the outgoing CFO resigned. Shareholders should note the smooth transition but there is no material impact expected on the stock price from this announcement alone.