Shoppers Stop Limited has informed the Exchange regarding Resignation of Mr. Karunakaran Mohanasundaram as Chief Financial Officer of the company w.e.f. February 17, 2026.
SHOPERSTOP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shoppers Stop Limited has informed the stock exchange about the resignation of Mr. Karunakaran Mohanasundaram from the position of Chief Financial Officer of the company. The resignation is set to take effect from February 17, 2026. No reason for the resignation has been disclosed in the filing. Mr. Mohanasundaram was a Key Managerial Personnel (KMP) of the company, and his departure will leave the CFO position vacant until a successor is appointed.
CFO resignations at listed companies are closely watched by investors as they can signal internal challenges or strategic shifts. In the short term, this may create some uncertainty around financial leadership and continuity. Shareholders should watch for the appointment of a new CFO and any disclosure of the reasons behind the exit.