Gallops Enterprise Ltd CFO Nileshkumar Maganbhai Prajapati Resigns

Gallops Enterprise Ltd has confirmed that Chief Financial Officer (CFO) Nileshkumar Maganbhai Prajapati has stepped down from his role effective February 18, 2026. The resignation was tendered due to personal reasons and has been duly accepted by the company’s Board of Directors, including Managing Director Balram Bharatbhai Padhiyar and Director Pooja Narsinhbhai Patel.

The company has assured stakeholders that all regulatory requirements have been met, with formal filings submitted to BSE Limited under SEBI guidelines. While the departure marks a leadership change in the finance function, Gallops Enterprise Ltd has emphasized continuity in operations and financial management.

Industry observers note that CFO transitions often signal shifts in corporate strategy or restructuring, though the company has not indicated any immediate changes beyond the resignation.

Key Highlights

• Resignation Effective: February 18, 2026.
• Reason: Personal grounds cited by CFO.
• Board Response: Resignation formally accepted by directors.
• Regulatory Compliance: Filings made with BSE under SEBI regulations.
• Operational Continuity: Company assures stability in financial operations.

Sources: ScanX News, MarketScreener, The Economic Times