Resignation of Mr. Biju Sreeramachandran - Chief Financial Officer of the Company.
Awaiting price reaction for this filing.
Mr. Biju Sreeramachandran has resigned from his dual role as Chief Financial Officer and Manager of Inditrade Capital Limited, effective from the close of business hours on 16th May 2025. The resignation was tendered on personal grounds, with no other reasons disclosed in the filing. The company has informed BSE (Scrip Code: 532745) about the change, as required under SEBI Listing Regulations. No replacement appointment has been announced yet.
The exit of a CFO and Manager is a significant leadership change that may create short-term uncertainty for investors. However, the cited reason is personal and there are no signs of governance issues. Shareholders should watch for a timely replacement announcement to maintain financial oversight and continuity.