Century Enka Limited has announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Person (KMP), Mr. K. G. Ladsaria. The company disclosed this update in compliance with Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.
Key Details of the Announcement:
- Resignation Details:
Mr. K. G. Ladsaria has decided to step down from his position as CFO, citing personal reasons for his resignation. The company has acknowledged his decision and expressed its gratitude for his contributions to Century Enka during his tenure. - Effective Date:
Mr. Ladsaria’s resignation will take effect at the close of business hours on December 31, 2024. This allows the company adequate time to ensure a smooth transition and continuity in its financial operations. - Company Statement:
Century Enka noted in its filing that Mr. Ladsaria has played a pivotal role in managing the company’s financial and operational framework. His efforts have been instrumental in maintaining fiscal discipline and driving financial growth during his time with the organization.
The announcement was shared with the stock exchanges, including BSE and NSE, as per regulatory requirements. Century Enka expressed its commitment to ensuring a smooth transition and thanked Mr. Ladsaria for his contributions during his tenure.
