SBFC Finance Limited has informed the Exchange regarding Resignation of Mr. VM Maneesh, Chief Operations Officer of the company w.e.f. May 15, 2025.
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SBFC Finance Limited has informed the stock exchange that Mr. VM Maneesh, the Chief Operations Officer (COO) of the company, has resigned from his position. His resignation will take effect from May 15, 2025. The COO is classified as a Key Managerial Personnel (KMP) under the Companies Act, 2013, making this a senior-level exit. The company has not announced a replacement or the reason for the resignation in this filing. No other senior exits or related governance issues have been mentioned alongside this announcement.
Senior KMP exits can cause short-term uncertainty about operational continuity, but a COO-level change is generally viewed as a routine management transition. Investors should track any subsequent announcement regarding a successor or strategic realignment.