This is to inform you that the Mr. Jatinder Bagga has tendered his resignation from the post of Managing Director of the Company.
Awaiting price reaction for this filing.
Harmony Capital Services Ltd announced multiple board changes following a meeting on September 24, 2025. Mr. Jatinder Bagga resigned from the posts of Managing Director and Chief Financial Officer, citing pre-occupation elsewhere, effective the same day. To fill the vacuum, Ms. Pranita L Semwal was appointed as the new Chief Financial Officer. Additionally, Mr. Jignesh Keshav Barot was appointed as an Additional Non-Executive Independent Director on the board. The outgoing MD held no other directorships. The company, listed on BSE (Script Code: 530055), has thus seen a complete change in its top executive leadership in a single day, with immediate replacements lined up for the CFO role.
The simultaneous exit of both the Managing Director and CFO marks a significant leadership shuffle, which may raise short-term governance concerns for shareholders. However, the immediate appointment of a new CFO and an additional independent director provides some continuity and oversight during the transition. Investors should watch for further clarity on the MD replacement and any strategic direction changes.