Resignation of Mr VIren Suchak from the post of Manager (Finance & Accounts) of the Company.
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Awaiting price reaction for this filing.
Vishal Fabrics Ltd has informed the stock exchanges that Mr. Viren Suchak has resigned from his position as Manager (Finance & Accounts) of the company. The BSE filing is a standard disclosure under SEBI listing norms for any change in Key Managerial Personnel. No reason for the resignation or the effective date has been highlighted in the headline, and no successor has been mentioned. Investors should watch for further details on the effective date and any replacement appointment in subsequent filings.
This is a routine mid-level managerial change and is unlikely to materially affect the stock price. Shareholders may want to monitor for follow-up filings on the effective date and replacement to ensure continuity in the finance and accounts function.