Virgo Polymers CFO Steps Down To Pursue New Opportunities

Nikunj Parikh May 14, 2026 370 Views

Virgo Polymers (India) Limited has announced the resignation of its Chief Financial Officer, Mrs T. Bhavani, effective from the close of business on 13 May 2026. The move, disclosed to BSE under SEBI’s Listing Regulations, is attributed to her decision to pursue better opportunities and professional growth.

The company, headquartered in Chengalpet, Tamil Nadu, notified the stock exchange on 14 May 2026, classifying the development as a material event under Regulation 30. Management has confirmed that there are no other material reasons for the resignation, and that the disclosure aligns with SEBI’s latest corporate governance circulars.

Change In Leadership

As CFO and key managerial personnel, Mrs Bhavani played a central role in overseeing Virgo Polymers’ financial management and regulatory compliance. Her resignation, tendered via letter dated 13 May 2026, comes after around two years with the company. She has expressed appreciation for the opportunity to work with the leadership team and committed to a smooth transition of responsibilities.

Regulatory Compliance And Transparency

The intimation to BSE includes detailed disclosures in the prescribed format, covering the reason for change, effective date of cessation, and confirmation that no additional material concerns triggered the move. No new appointment has been announced yet, and fields relating to profile and director relationships are marked not applicable.

Key Highlights

CFO and KMP Mrs T Bhavani resigns from Virgo Polymers (India) Limited
Effective date of cessation: close of business, 13 May 2026
Reason cited: better opportunities and professional growth
Company confirms no other material reasons for resignation
Disclosure made under Regulation 30 of SEBI Listing Regulations
Details filed as per SEBI circular dated 13 July 2023
Resignation formally communicated through a signed letter to the Managing Director
Transition support assured by the outgoing CFO