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Cfo ResignedManagement Changes View source PDF Explain this filing

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AI summary

Purshottam Investofin Ltd announced that Mr. Suraj Kumar has resigned as Chief Financial Officer of the company with effect from December 16, 2025, citing his decision to pursue other professional opportunities. In his place, the Board has appointed Mr. Ravi Kumar Purohit as the new CFO and Whole-time Key Managerial Personnel, also effective close of business on December 16, 2025, on the recommendation of the Nomination & Remuneration Committee. Mr. Purohit is a B.Com graduate with experience in financial planning, accounting, taxation, and auditing. The Board meeting lasted from 4:30 PM to 5:10 PM on December 16, 2025.

Likely market impact

This is a routine leadership transition at a small NBFC with no change in business direction or strategy. Shareholders should note the seamless CFO replacement, but there is no material impact on stock price or operations expected.