Sanghvi Movers Limited has informed the Exchange regarding Resignation of Mr. Sham D. Kajale as Chief Financial Officer of the company w.e.f. Jun 30, 2025.
SANGHVIMOV · price
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Sanghvi Movers Limited has informed the stock exchanges that Mr. Sham Dattatraya Kajale has resigned as Chief Financial Officer (CFO) and Key Managerial Personnel of the company, effective from the close of business hours on 30 June 2025. Mr. Kajale cited personal reasons and his desire to pursue a new career path aligned with his professional and personal aspirations. The company stated there are no material reasons behind the resignation. In his resignation letter, Mr. Kajale noted that he had been with Sanghvi Movers for over three decades and expressed gratitude to the founding leadership, current board, and colleagues. The company has not yet announced a replacement CFO in this filing.
This is a senior leadership change at the finance function level. While the company describes the exit as amicable with no material concerns, investors should watch for a timely CFO appointment announcement, as prolonged vacancy at this position can create uncertainty around financial reporting and disclosures.