BSEI-Power Solutions India LtdHighNegative
Announced Tue, 10 Mar · 17:36 IST

THE COMPANY HAS INFORMED THE EXCHANGE REGARDING RESIGNATION MR. SURESH SRINIVASAN AS CFO OF THE COMPANY WITH EFFECT FROM 13TH MARCH, 2026.

Cfo ResignedKmp ResignedManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

I-Power Solutions India Ltd has informed the stock exchange that Mr. Suresh Srinivasan has resigned from the post of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company. His resignation is effective from the close of business hours on Friday, March 13, 2026. The resignation letter is dated March 10, 2026, and the reason cited is personal reasons, with no other material reasons disclosed. The intimation was made by Rajendra Naniwadekar, Managing Director, under SEBI Listing Regulations. The company has not yet announced a successor for the CFO role.

Likely market impact

The departure of the CFO is a key management change that investors should monitor. Until a replacement is announced, the role of financial leadership at the company is uncertain, which may cause short-term concerns about financial reporting continuity.