Intimation regarding Resignation of Manager and Chief Financial Officer of the Company

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

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Nifty Microcap 250market · in no size index; the smallest one is used+4.6%-1.6% vs market

Other Financial Services peers, median of 79sector+4.1%-1.0% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 1.0 pts less than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Mr. C K Khaitan has resigned from the position of Manager and Chief Financial Officer (CFO) of West Leisure Resorts Limited due to personal reasons. His resignation letter is dated 30th March 2026, and he will be relieved from his responsibilities effective close of business hours on 31st March 2026. He was also classified as a Key Managerial Personnel (KMP) of the company. The resignation letter will be placed before the Board of Directors at the upcoming Board Meeting for formal acceptance. The company has submitted the required disclosures under SEBI Listing Regulations, including the resignation letter as Annexure A. No details on a replacement or interim arrangement have been mentioned in this filing.

Likely market impact

The sudden exit of both the Manager and CFO may raise short-term governance concerns, though the reason cited is personal. Investors should watch for the company's next announcement regarding a replacement to ensure financial oversight and compliance continuity.