Concord Enviro Systems Ltd announced the retirement of its Chief Financial Officer, Mr. Sudarshan Kamath, effective post-business hours on January 2, 2026. With his retirement, Kamath will also cease to be a Key Managerial Personnel of the company. The board is expected to announce his successor soon.
Concord Enviro Systems Ltd has formally notified the exchanges about the upcoming retirement of Mr. Sudarshan Kamath, the company’s Chief Financial Officer (CFO). His retirement will take effect at the close of business on January 2, 2026, marking the end of his tenure as the company’s CFO and Key Managerial Personnel (KMP).
According to the company’s filing with the stock exchanges, the disclosure has been made under Regulation 30 read with Schedule III, Part A, Paragraph 7 of the SEBI Listing Regulations, as guided by SEBI’s Master Circular dated November 11, 2024. The announcement was accompanied by an annexure containing the relevant details of the change in management.
Notable Updates
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Effective Date: Mr. Kamath’s retirement and cessation as CFO will be effective January 2, 2026 (end of business hours).
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Post: Chief Financial Officer (Key Managerial Personnel).
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Reason: Retirement upon completion of service tenure.
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Next Steps: The company is expected to initiate the process of appointing a new CFO shortly.
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Compliance: Disclosure made in line with SEBI Listing Regulation 30 and SEBI Master Circular (Ref: SEBI/HO/CFD/PoD2/CIR/P/0155).
Sources: BSE Corporate Announcements, Concord Enviro Systems Ltd exchange filing.