BSETirth Plastic LtdMediumNeutral
Announced Thu, 5 Feb · 16:39 IST

With reference to the captioned subject, it is being informed that Mr. Aadesh Gadhave (DIN: 10782976) has tendered his resignation from the post of Non-executive Independent Director with ....

Cfo ResignedKmp ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tirth Plastic's board met on 5 February 2026 and approved the unaudited financial results for the quarter ended 31 December 2025. The board accepted the resignation of Mr. Abhishek Sanjay Hagwane from the post of Chief Financial Officer, citing personal commitments, effective the same day. In his place, Mr. Het Kalpeshkumar Shah was appointed as the new CFO. The board also accepted the resignation of Mr. Aadesh Sunil Gadhave, Non-Executive Independent Director, again due to personal commitments, and appointed Ms. Nidhi Bharatbhai Gandhi as Additional Non-Executive Independent Director in his stead, subject to shareholder approval at the next general meeting. Both incoming appointees confirmed they are not debarred by SEBI from holding such positions.

Likely market impact

Multiple top-level changes (CFO and Independent Director exit-and-replace) on a single day is notable for a small-cap company, though reasons given are personal and replacements are already in place. Investors should monitor whether financial reporting and governance remain smooth in the coming quarters; near-term stock impact is likely limited unless quality of the new appointments becomes a concern.