Appointment of company secretary and compliance officer
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Vaxfab Enterprises announced three key managerial changes following its board meeting on January 6, 2026. Neha Rishabh Bardia (ICSI member, ACS-78118) has been appointed as the new Company Secretary and Compliance Officer effective the same day. The board accepted the resignation of Mubshara Mahammadhanif Kachhot from the CFO position effective the close of business hours on January 6, 2026, with her citing pre-occupation with other professional assignments as the reason. To fill the vacancy, existing Director Nikhil Kumar Gupta has been appointed as the new Chief Financial Officer effective January 7, 2026. Nikhil Gupta holds a B.Com and a PG Diploma in Business Management (Finance). The transition effectively hands the CFO role to a sitting board member rather than bringing in an external finance professional.
For shareholders, the CFO exit is routine in nature but notable since the role is now held by an existing director, combining board oversight with finance leadership. This dual role is common in smaller companies but investors should watch how financial reporting and controls are managed going forward. No immediate material impact on stock price is expected, though it adds one more KMP-level change to track.