Resignation from the Post of CFO of the Company.
Awaiting price reaction for this filing.
Nagarjuna Agri-Tech Ltd has informed the stock exchange about three resignations, all effective June 19, 2025. Mrs. Rachna Suman Shaw stepped down as Managing Director citing personal reasons. Mrs. Kiran Pandey resigned as Additional (Independent) Director, also citing personal reasons. Mr. Sumit Sengupta resigned as Chief Financial Officer but will continue on the board as Additional Director. All three have confirmed there are no other material reasons behind their exits. The company has filed the required disclosures under SEBI's Listing Regulations, attaching the resignation letters and detailed annexure.
Three senior exits on the same day — including the Managing Director and CFO — raise governance and continuity concerns for shareholders. The simultaneous departure of the MD and CFO could create short-term operational uncertainty and may weigh negatively on the stock until replacements are announced.