Resignation of Mr. Padam Dugar from the position of CFO of the Company
Awaiting price reaction for this filing.
Mr. Padam Dugar has resigned from the position of Chief Financial Officer and Key Managerial Personnel of Dugar Housing Developments Limited, effective from the close of business hours on November 11, 2025. The reason cited for his resignation is personal reasons. Mr. Dugar held 200 shares in the company at the time of his resignation. The company has disclosed the required details under SEBI Listing Regulations and submitted the resignation letter along with the disclosure annexure to BSE.
The CFO position is now vacant and the company will need to appoint a replacement, which could create short-term uncertainty in financial reporting and leadership. Shareholders should watch for an update on the appointment of a new CFO in the coming weeks.