Announced Wed, 4 Jun · 17:37 IST

Appointment of CFO of the Company

Cfo ResignedKmp ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Royale Manor Hotels & Industries Ltd has announced a change at the Chief Financial Officer level. Mr. Devraj Singh Chauhan has resigned from the post of CFO effective end of business on June 3, 2025, citing personal reasons and confirming no other material reasons. In his place, Ms. Sonu Shah has been appointed as the new CFO effective June 4, 2025. Ms. Shah is described as a qualified post-graduate with experience in accounting, budgeting, statutory compliance, financial planning, and reporting. The decisions were taken at a board meeting held on June 4, 2025.

Likely market impact

This is a routine top-level management change with no stated governance concerns; the outgoing CFO resigned for personal reasons and a replacement has been appointed immediately, suggesting continuity in financial leadership.