Redtape Limited has informed the Exchange regarding Resignation of Mr Abhinav Jain as Chief Financial Officer of the company w.e.f. August 14, 2025.
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Redtape Limited announced a change at the Chief Financial Officer position effective August 14, 2025. Mr. Abhinav Jain has stepped down as CFO and Key Managerial Personnel and has been re-designated as Vice President - Finance, meaning he continues with the company in a different role. To fill the CFO seat, the Board appointed Mr. Vivek Agnihotri, who has over 18 years of finance experience across Mawana Sugars, KRBL Limited, and Mirza International, and was already serving as VP (Banking & Finance) at Redtape. The appointment was recommended by the Nomination and Remuneration Committee and Audit Committee, suggesting a planned, orderly internal transition. No material concerns were flagged by the outgoing CFO in his resignation letter.
This is a planned internal leadership change with continuity, so it is unlikely to materially impact the stock. Shareholders should note smooth succession at the finance leadership level, and the new CFO is a familiar internal candidate, reducing execution risk.