Sakar Healthcare Limited has informed the Exchange regarding Cessation of Mr Raviraj Karia as Senior Vice President (Finance & Accounts), (SMP) of the company w.e.f. September 27, 2025.
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Sakar Healthcare has informed the stock exchange that two key people are exiting the company with effect from September 27, 2025. Mr. Raviraj Karia, the Senior Vice President (Finance & Accounts) and Senior Managerial Personnel (SMP), has been relieved by the HR Committee after a very short stint (he had joined around June 2025 as per an attached email). Ms. Rita S. Shah, a Non-Executive Director from the promoter category, has resigned citing personal health concerns. The Board has reconstituted its various committees on the same day to fill the gaps.
The company loses its top finance executive (SMP) within roughly three months of joining, and a promoter-family director also steps down on the same day — both red flags for small-cap governance. An internal email attached to the filing shows Karia requesting settlement of dues and formally handing over his computer, suggesting the exit may not have been amicable. Retail investors should watch for committee reconstitution details and any upcoming CFO/finance head appointment, as prolonged vacancy at the top finance seat can hurt reporting quality and investor confidence.