TGB Banquets And Hotels Limited has informed the Exchange regarding Resignation of Mr Jaydeepsinh Chavda as Chief Financial Officer of the company w.e.f. November 25, 2025.
TGBHOTELS · price
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On the reaction day the stock moved 3.8 pts more than Nifty Microcap 250 and 3.9 pts more than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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TGB Banquets And Hotels Limited has informed the stock exchange that Mr. Jaydeepsinh Chavda has resigned as Chief Financial Officer of the company, effective November 25, 2025. The announcement does not mention the reason for his resignation or who will replace him. The company has not yet disclosed details of an interim or permanent CFO appointment.
This is a key management-level exit at a small-cap hospitality company. Investors should watch for the company's next announcement regarding a replacement CFO, as prolonged gaps in finance leadership can affect reporting timelines and investor confidence.