Resignation of CFO of the company.
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Mr. Naresh Prajapat has resigned as Chief Financial Officer of Yash Innoventures Limited, effective 1st October 2025, citing personal reasons. The Board of Directors accepted the resignation at its meeting held on the same day. The disclosure has been made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements, 2015, with details provided in Annexure A. The company (formerly known as Redex Protech Limited) is listed on BSE and has not announced a replacement yet.
CFO resignations can signal leadership transition risk and may create short-term uncertainty around financial reporting continuity, though the stated reason is personal. Investors should watch for timely appointment of a new CFO to avoid any disruption in financial oversight.