Saurashtra Cement Limited has informed the Exchange regarding Resignation of Mr Mr. Rakesh Mehta as Chief Financial Officer of the company w.e.f. September 04, 2025.
SAURASHCEM · price
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On the reaction day the stock moved 3.4 pts less than Nifty Microcap 250 and 2.9 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mr. Rakesh Mehta has resigned from the position of Chief Financial Officer (CFO) of Saurashtra Cement Limited, with effect from September 4, 2025. The company has formally informed the stock exchange about this key managerial personnel change. No details regarding the reason for resignation or succession plans have been disclosed in this filing. The departure of a CFO is a significant leadership change for the company.
Shareholders should monitor for further disclosures on the reason for the CFO's exit and the appointment of a replacement, as such changes can affect financial reporting continuity and investor confidence.