Revised Intimation under Regulation 30 SEBI (LODR) regarding Resignation of CFO.
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Yash Innoventures Ltd has submitted a revised intimation to BSE regarding the resignation of its Chief Financial Officer, Mr. Naresh Prajapat, effective 30th September 2025 (cessation date 1st October 2025). The company had originally filed the intimation on 15th October 2025 and is now resubmitting it with complete disclosure as required under SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The reason for resignation is cited as personal reasons. The outgoing CFO has confirmed he has no claims against the company, waived any potential liabilities, and committed to supporting a smooth transition. The disclosure is signed by Managing Director Mr. Gnanesh Bhagat and includes all required details under Regulation 30 read with Schedule III of SEBI (LODR) Regulations.
For a small-cap realty company, the departure of a key finance leader is a governance event investors should monitor closely. While personal reasons are cited and a smooth handover is promised, shareholders may want to watch for the timely appointment of a new CFO to avoid any disruption in financial reporting and controls.