Resignation of Mr. Padam Dugar from the position of CFO
Awaiting price reaction for this filing.
Mr. Padam Dugar has resigned from the position of Chief Financial Officer (CFO) and Key Managerial Personnel of Dugar Housing Developments Limited, effective from the close of business hours on November 11, 2025. The resignation has been cited due to personal reasons and pre-occupation. As per the disclosure, Mr. Dugar holds 200 shares in the company. The intimation has been made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements. The resignation letter has been enclosed with the filing.
The departure of the CFO creates a temporary leadership gap in the company's finance function, but the resignation is for personal reasons with no governance red flags reported. Shareholders should watch for a timely appointment of a new CFO, as the position is critical for financial reporting and compliance.