Resignation of Ms. Niyati Panchal from the post of Chief Financial Officer
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Vrundavan Plantation Ltd has informed the BSE that Ms. Niyati Panchal has resigned from the post of Chief Financial Officer, effective from the close of business hours on June 4, 2025. She has cited personal reasons that make her unavailable for full-time employment and has confirmed there are no other material reasons for her departure. The Managing Director, Mr. Upendra Umashankar Tiwari, signed the disclosure. The company has not yet announced a successor, and Ms. Panchal has offered to assist with a smooth transition.
The CFO exit may create short-term uncertainty around financial leadership and reporting continuity. However, since the reason is personal and not related to any governance or accounting issues, it is unlikely to materially affect the stock price in the medium term. Investors should watch for an update on a new CFO appointment.