Management Change29 May 2026, 10:41 pm
Decorous Investment: Ashok Kumar Resigns, Varsha Jain Appointed CFO
AI Summary
Decorous Investment & Trading Co Ltd announces the resignation of Mr. Ashok Kumar as WTD & CFO due to ill health, effective May 29, 2026. Mrs. Varsha Jain has been appointed as Executive Non-Independent Director and designated as Whole Time Director and CFO, subject to shareholder approval. The board also approved the audited annual accounts and financial results for FY ended March 31, 2026, and appointed M/s SMGA&CO. as Statutory Auditors for 5 years.
Key Highlights
- Ashok Kumar resigns as WTD & CFO, continues as Non-Executive Director.
- Varsha Jain appointed Executive Director and CFO, effective May 29, 2026.
- Audited FY26 annual accounts and financial results approved.
- SMGA&CO. appointed as Statutory Auditors for 5 years.
- Board approved delisting of equity shares from Calcutta Stock Exchange.
Price Impact
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