Stove Kraft Limited has informed the Exchange regarding Resignation of Mr. Mayank Gupta, Chief Growth Officer of the company w.e.f. February 27, 2026.
STOVEKRAFT · price
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Stove Kraft Limited has informed the stock exchanges that Mr. Mayank Gupta, Chief Growth Officer (CGO) and a Senior Management Personnel, has resigned from the company effective close of business hours on February 27, 2026. In his resignation letter, Mr. Gupta stated that he is leaving to pursue an external opportunity. He had been with the company for approximately 4 years and was instrumental in building the retail vertical from scratch into a network of over 300 stores across India. The resignation has been disclosed under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
The exit of the CGO, who played a key role in scaling the retail business to 300+ stores, may create short-term uncertainty around growth strategy and retail expansion plans. Investors should watch for clarity on succession planning and whether the retail vertical continues its growth momentum without disruption.