
Management Change16 Feb 2026, 02:03 pm
Panchmahal Steel Ltd CFO Nilesh Shah Resigns Effective March 5, 2026
AI Summary
Panchmahal Steel Ltd announced the resignation of its Chief Financial Officer, Mr. Nilesh Shah, via a letter dated February 16, 2026. Mr. Shah will cease to be a Key Managerial Personnel under the Companies Act, 2013, and the SEBI (LODR) Regulations, 2015, effective from the closure of business hours on March 5, 2026. The company has initiated the process of appointing a new Chief Financial Officer and will communicate the appointment in due course. Mr. Shah tendered his resignation for personal reasons.
Key Highlights
- Panchmahal Steel Ltd CFO Nilesh Shah resigns
- Resignation effective from March 5, 2026
- Nilesh Shah to cease to be Key Managerial Personnel
- Company initiated process to appoint new CFO
- Nilesh Shah's resignation due to personal reasons
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