SAREGAMANSESaregama India Limited· Media & EntertainmentMediumNegative
Announced Wed, 25 Mar · 19:52 IST

Saregama India Limited has informed the Exchange regarding ' Intimation Of Appointment Of Nodal Officer Under IEPF (Accounting, Audit, Transfer And Refund) Rules, 2016'.

Cfo ResignedManagement Changes View source PDF

SAREGAMA · price

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

Price reaction · full curve 14 horizons · vs prior close
-4.1%1-day move
₹331.60
prior close
₹331.00
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AI summary

Saregama India has informed the exchanges that Mr. Pankaj Mahesh Chaturvedi has resigned from the position of Chief Financial Officer and Nodal Officer of the company. To ensure continued compliance with IEPF (Investor Education and Protection Fund) Rules, the Board has appointed Mr. Nayan Kumar Misra, the existing Company Secretary and Compliance Officer, as the new Nodal Officer with effect from 24th March 2026. The Nodal Officer's role is to verify claims and coordinate with the IEPF Authority on unclaimed shares and dividends. The announcement is filed under Rule 7(2A) of the IEPF Rules, 2016. The name of a new CFO has not been disclosed in this filing.

Likely market impact

The CFO resignation is a notable senior management change that investors should track, though the Nodal Officer appointment itself is a routine compliance matter. Watch for a separate announcement regarding a full-time CFO appointment, as prolonged vacancies in the finance leadership role can raise governance concerns.