Shanthi Gears Limited has informed the Exchange about Resignation of Chief Financial Officer
SHANTIGEAR · price
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On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 1.3 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Shanthi Gears Limited has informed the stock exchanges that Mr. Ranjan Kumar Pati has stepped down as the Chief Financial Officer and Key Managerial Personnel of the company, effective closing hours of 19th March 2026. This follows an earlier intimation made on 22nd January 2026 about his impending departure. The company has not yet announced a replacement CFO. The communication was signed by Walter Vasanth P J, Company Secretary and Compliance Officer.
The CFO departure creates a temporary leadership gap in the finance function, which may cause short-term uncertainty for investors. However, the prior intimation in January suggests this was anticipated, reducing surprise risk; the stock impact is likely to be minimal pending announcement of a successor.