Resignation of Chief Financial officer w.e.f. closure of business hours of 10th June, 2025.
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Sayaji Industries Ltd has informed the BSE that Mr. Manan Shah, the Chief Financial Officer and Executive Vice President (Accounts & Finance), has resigned from the company. His resignation is effective from the close of business hours on 10th June, 2025. The reason cited is pursuing other career opportunities, and the filing states there are no other material reasons for his exit. The Board of Directors has accepted the resignation. The company has not yet announced a replacement for the CFO role.
A CFO departure can create short-term uncertainty around financial reporting continuity and strategic execution. Investors should watch for a timely replacement announcement to gauge any disruption to the finance function.