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Can Fin Homes Announces Resignation of CFO Apurav Agarwal Effective March 2025
Team Finance Saathi
21/Dec/2024
What's covered under the Article:
- Apurav Agarwal resigns from the position of CFO and Key Managerial Personnel of Can Fin Homes due to personal reasons.
- Shri Agarwal will continue in his role as CFO until his relieving date on March 19, 2025.
- The company has filed the resignation details in compliance with SEBI’s Listing Regulations.
Can Fin Homes Limited, a prominent player in the housing finance sector, has announced a key change in its senior management with the resignation of Shri Apurav Agarwal from his position as Chief Financial Officer (CFO) and Key Managerial Personnel of the company. This update was disclosed in line with the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation was submitted through a letter dated 20th December 2024, with personal reasons cited for the decision.
As per the company’s communication, Shri Apurav Agarwal will continue in his current capacity as CFO until his official relieving date on 19th March 2025. This ensures continuity in financial operations and leadership until the transition is complete. The company's management will likely initiate the search for a successor or interim leadership prior to his departure to maintain operational efficiency.
This change in the senior management team is a significant development for Can Fin Homes, and it aligns with the company's compliance with the SEBI LODR Regulations that require timely disclosure of key managerial changes. Despite the resignation, there is no immediate disruption expected in the company’s financial operations, as Shri Agarwal's continued tenure ensures a smooth transition.
In compliance with the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024, the company has provided the necessary details regarding the resignation, including the reason for change, effective cessation date, and the fact that there are no new appointments or director relationships involved in this change.
Can Fin Homes Limited is committed to ensuring transparency and regulatory compliance in all its corporate actions. The details of this resignation, along with the company's response, are also available on the company’s official website at www.canfinhomes.com for the benefit of investors and stakeholders.
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