Resignation of Chief Financial Officer (CFO)
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Mr. Anuj Ohri has resigned as Chief Financial Officer of Quadrant Televentures Ltd, with his notice period ending on October 5, 2025. He cited personal reasons for his departure, and the company has confirmed there are no other material reasons disclosed in his resignation letter. Notably, the company is currently undergoing a Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated September 2, 2025. The resignation has been communicated to BSE under SEBI Listing Regulations.
The exit of the CFO during an ongoing insolvency resolution process may add to governance uncertainty for shareholders. Loss of a key finance leader during CIRP could complicate financial reporting, creditor interactions, and the resolution timeline, which may weigh negatively on investor sentiment.