Shares of PVP Ventures Ltd declined 4.74% to Rs 31.54 on Tuesday, Dec 9, after the company announced key managerial and audit-related changes, triggering cautious sentiment among investors.
PVP Ventures informed the exchanges that Chief Financial Officer K. Anand Kumar has resigned, with his exit becoming effective from the close of business hours on December 8, 2025. The company stated that he is stepping down to pursue other professional opportunities outside the organisation. Leadership changes at the CFO level often lead to short-term uncertainty, as the role plays a critical part in financial oversight and guidance.
Additionally, the Board has approved the appointment of M/s CNGSN Associates LLP as the new Statutory Auditors, filling the vacancy created by the resignation of the previous auditors, M/s PSDY Associates. The new appointment is subject to shareholder approval.
Both the CFO resignation and the auditor change were disclosed in compliance with Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements. While these developments do not indicate operational concerns, the combination of top-level management exit and auditor transition appears to have prompted a cautious reaction in the market, contributing to the nearly 5% decline in the stock during morning trade.
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