Intimation of Resignation of Mr. Gurumurthy Venkatesan as CFO of the company with effect from close of business hours on May 8,2025
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SPEL Semiconductor Ltd has informed BSE that Mr. Gurumurthy Venkatesan has resigned as Chief Financial Officer of the company due to personal reasons. His resignation takes effect from the close of business hours on May 8, 2025. He has also requested the Board to waive his notice period and relieve him immediately. The communication was made by P. Balamurugan, Head Operations & Whole-Time Director, in compliance with SEBI LODR regulations.
Shareholders should note the sudden exit of the CFO due to personal reasons with immediate effect (no notice period). The company has not yet announced a replacement, which may raise short-term governance concerns until a new CFO is appointed.