The Board of Directors in their Meeting held on August 06, 2025, inter-alia, took note and accepted the resignation of Mr. Amit A. Chavan, Company Secretary, Compliance Officer and CFO ....
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Mr. Amit A. Chavan has resigned from his roles as Company Secretary, Compliance Officer, and Chief Financial Officer of TCI Industries Limited, effective close of business hours on September 16, 2025. He is stepping down to pursue an alternate career opportunity outside the organisation. The company has disclosed this change under SEBI Listing Regulations. TCI Industries is a small-cap company based in Mumbai, and no replacement has been announced yet.
The departure of a combined KMP (CFO, Compliance Officer, and Company Secretary) creates a brief leadership vacuum at a critical finance and compliance level. Shareholders should watch for the timely appointment of a replacement, as prolonged vacancies in these roles could affect regulatory compliance and financial reporting. The resignation appears voluntary and career-driven, not indicative of any governance or financial trouble.