Intimation of Resignation of Chief Financial Officer of the Company
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Awaiting price reaction for this filing.
Mr. Rajeev Kumar has resigned from the post of Chief Financial Officer (CFO) of Rathi Steel & Power Limited, effective August 4, 2025. The reason cited for his resignation is to pursue a new career opportunity. The resignation letter was originally dated July 10, 2025, and the company has made the disclosure under SEBI's Listing Regulations. The letter was signed by Abhishek Verma, Director (DIN: 08104325), on behalf of the company. No replacement CFO has been announced in this filing.
The departure of a Key Managerial Personnel (KMP) may cause short-term uncertainty, particularly since no successor has been named yet. The reason given is personal career growth rather than any governance concern, which is generally viewed as a neutral-to-mildly-negative signal for small-cap investors. Shareholders should watch for a timely appointment of a new CFO to maintain financial oversight and reporting continuity.