S H Kelkar and Company Limited has informed the Exchange regarding Resignation of Rohit Saraogi as Group Chief Financial Officer of the Company.
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On the reaction day the stock moved in line with Nifty Microcap 250 and 0.6 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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S H Kelkar and Company Limited has informed the stock exchanges that Mr. Rohit Saraogi, the Group Chief Financial Officer and Key Managerial Personnel, has resigned from the company. He is stepping down to pursue another career opportunity and has confirmed there are no other material reasons for his departure. His resignation will take effect from the close of business hours on July 30, 2025, giving the company roughly a month to arrange a smooth transition. He will also cease to be the KMP authorised for determining materiality of events and making disclosures under SEBI's Listing Regulations. The detailed reasons for resignation have been enclosed as Annexure II to the filing.
The departure of the Group CFO after a notice period is a routine leadership change, but shareholders should watch for an announcement on the new CFO appointment. Sudden exits of senior finance leaders can sometimes create short-term uncertainty around financial reporting continuity, though the company appears to have planned a clean handover.