
Management Change8 Jun 2026, 11:07 am
Medi Caps CFO Hemant Sethi Resigns
AI Summary
Medi Caps Ltd announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), Mr. Hemant Sethi. His resignation is effective from the close of business hours on June 6, 2026. The company cited career growth and professional opportunities as the reason for his departure. The Board of Directors has acknowledged his contributions and will formally accept the resignation at an upcoming meeting. The company will also submit the continuous disclosure in the prescribed XBRL format.
Key Highlights
- CFO and KMP Hemant Sethi resigns effective June 6, 2026.
- Reason cited is career growth and professional opportunities.
- Board to formally accept resignation at upcoming meeting.
- Company to file XBRL disclosure as per SEBI regulations.
Price Impact
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