Universal Cables Limited has informed the Exchange regarding Resignation of Mr. Amit Kumar Chopra as Chief Financial Officer of the company w.e.f. September 22, 2025.
UNIVCABLES · price
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Mr. Amit Kumar Chopra has resigned as the Chief Financial Officer of Universal Cables Limited, effective from the close of business hours on September 22, 2025. He also ceases to be a Key Managerial Personnel under Section 203 of the Companies Act, 2013. The reason cited is personal reasons, as stated in his resignation letter dated July 26, 2025. The company has not yet announced a replacement CFO. The letter is signed by Company Secretary Sudeep Jain and has been disclosed to both BSE and NSE under Regulation 30 of the SEBI Listing Regulations.
The departure of the CFO, a key managerial personnel, may create short-term uncertainty around financial reporting and leadership continuity until a replacement is appointed. Shareholders should watch for an update on the new CFO appointment, as prolonged gaps in this role can sometimes raise governance concerns.