
Management Change11 April 2026 at 03:21 pm
NIBE CFO Jigar Shah Resigns Effective April 11, 2026
AI Summary
NIBE Ltd announced the resignation of Mr. Jigar Shah from his position as Chief Financial Officer and Key Managerial Personnel. His resignation is effective from the close of business hours on April 11, 2026. The company disclosed that the reason for Mr. Shah's departure is a "Health Issue," as confirmed in his resignation letter. This change has been reported in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- NIBE Ltd's Chief Financial Officer, Mr. Jigar Shah, has resigned.
- His resignation is effective from April 11, 2026.
- The stated reason for his departure is a health issue.
NIBEAerospace & Defense
NIBE LtdPrice Impact