Pursuant to regulation 30 of SEBI (LODR) Regulations, 2015, we hereby inform your esteemed organisation that Mr. Sridhar Dasara, Chief Financial Officer of the Company has tendered his ....
Awaiting price reaction for this filing.
Mipco Seamless Rings Gujarat Ltd informed the BSE that its Chief Financial Officer, Mr. Sridhar Dasara, has resigned effective from the close of business hours on 25th April 2025. In his resignation letter, Mr. Dasara cited 'pre-occupations and other commitments' as the reason for stepping down. He served as both CFO and Key Managerial Personnel (KMP) of the company. The company has submitted the resignation letter and required disclosures under SEBI LODR Regulation 30. No successor has been announced in this filing. The letter is signed by Labdhi Jain, Company Secretary & Compliance Officer.
The CFO and KMP position is now vacant, which is a key leadership gap for a small listed company. Investors should watch for timely appointment of a new CFO, as prolonged vacancy at the finance leadership level may raise governance concerns and affect financial reporting continuity.