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SM Auto Stamping Ltd has announced the resignation of its Chief Financial Officer, Vaibhav Bharat Khadke. Appointed in September 2024, Khadke stepped down citing personal reasons. The company disclosed the development under SEBI’s Listing Obligations and Disclosure Requirements, assuring stakeholders that operations remain unaffected during the transition.
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Inside the announcement
According to BSE filings, SM Auto Stamping Ltd informed exchanges of Khadke’s resignation in compliance with Regulation 30 of SEBI’s LODR norms. His tenure lasted just over a year, during which he oversaw financial operations and compliance for the auto components manufacturer. The Board has initiated steps to appoint a new CFO, while interim arrangements are being put in place to ensure continuity.
Notable updates
• CFO Vaibhav Bharat Khadke resigns from SM Auto Stamping Ltd
• Appointment was made in September 2024 under SEBI compliance norms
• Resignation disclosed through official BSE filings under Regulation 30 (LODR)
• Company assures no disruption to ongoing operations and financial management
• Board to finalize successor in due course to ensure continuity
Major takeaway
The resignation highlights leadership changes within SM Auto Stamping Ltd at a critical juncture for the auto components sector. While the transition may raise short-term questions, the company’s assurance of operational stability reflects its focus on maintaining investor confidence and regulatory compliance.
Sources: Trendlyne, BSE Corporate Filings
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