Intimation of Resignation of Mr. Raghavendra Kumar Koduganti as Chief Financial Officer of the Company
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Raghavendra Kumar Koduganti has resigned as Chief Financial Officer and Key Managerial Personnel of Times Green Energy (India) Ltd, effective April 25, 2025. He cited personal reasons, mentioning he is relocating to the USA for about 6 months and would not be able to fulfil his duties. He had been associated with the company for approximately 19 months. The Board accepted his resignation at a meeting held the same day. The succession plan was discussed at this Board meeting.
Investors should note the sudden exit of the CFO, who handled key financial responsibilities. While the reason is personal (relocation), the lack of an immediate replacement announcement could raise short-term governance concerns. The company will need to appoint a new CFO in due course.