SHEMAROONSEShemaroo Entertainment LimitedHighNegative
Announced Sat, 16 May · 19:43 IST

Shemaroo Entertainment Limited has informed the Exchange about Resignation of Director/KMP/SMP

Cfo ResignedManagement Changes View source PDF

SHEMAROO · 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
-5.8%1-day move
₹100.00
prior close
₹100.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-1.6-1.8+0.9-5.8-5.5-2.5+4.0+3.0+4.3+8.0+36.0+20.6
Up moveDown movePending
AI summary

Shemaroo Entertainment Limited has announced the resignation of Mr. Amit M. Haria as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective close of business on May 21, 2026. The stated reason is to pursue professional opportunities in consultancy and entrepreneurship. The company confirmed no other material reasons for the departure. Mr. Ashish A. Gupta has been appointed as the new CFO effective May 22, 2026. Gupta is a chartered accountant with 24 years of diverse global experience spanning Education, Travel, IT & ITES, Medical & Security Services, and Media sectors. He previously served as CFO at BARC India and held leadership roles at International SOS across India, Hong Kong, and Singapore. The auditor reappointments (M/s. Mukund M Chitale & Co. and M/s. Joshi Apte & Associates) were also confirmed for the new financial year.

Likely market impact

The resignation of the CFO with a quick one-day gap before the successor takes over suggests a planned transition. The company appears stable with a well-qualified replacement, though the outgoing CFO's departure to pursue consultancy and entrepreneurship could raise minor concerns about strategic alignment.