Revised Letter along with Resignation Letter Received from Mr Vinodkumar Agrawal
Awaiting price reaction for this filing.
Krishna Capital and Securities Ltd has informed the stock exchange that Mr. Vinodkumar Babulal Agrawal has resigned from the position of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company, effective February 27, 2026. The resignation was accepted at a board meeting held on the same day from 4:00 PM to 5:00 PM. In his resignation letter dated February 23, 2026, Mr. Agrawal cited personal reasons and his decision to pursue other professional opportunities. He confirmed there are no other material reasons behind his exit, and the company expressed appreciation for his contributions during his tenure.
The sudden exit of the CFO on the same day as the board meeting could raise short-term governance concerns among investors, especially since no replacement has been announced. Until a new CFO is appointed, the absence of a key finance leader may create uncertainty around financial reporting and compliance.