Spandana Sphoorty Financial Limited has informed the Exchange regarding Resignation of Mr. Arvind Murarka as Chief Information Officer of the company w.e.f. December 22, 2025.
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Spandana Sphoorty Financial Limited has informed the stock exchange about the resignation of Mr. Arvind Murarka from the position of Chief Information Officer (CIO) of the company. The resignation will take effect from December 22, 2025. No reason for the resignation has been disclosed in the filing. The company has not yet announced a replacement for the CIO role.
The exit of a key managerial personnel like the CIO may raise minor governance concerns among investors, but since the CIO is not a board-level position and no reasons have been disclosed, the immediate impact on the stock is likely to be limited.