BSECompany Update21h ago · 11 Aug 2026, 01:51 pm
Resignation of Mr. Kinnar Mehta from the position of Chief Financial Officer of the Company
Kusumgar Ltd · 544821
✦ AI SummaryMgmt Change
Kusumgar Ltd's Chief Financial Officer, Mr. Kinnar Mehta, has resigned from his position to focus on business strategy and long-term value creation, effective August 10, 2026.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Kusumgar Ltd - 544821 - Announcement under Regulation 30 (LODR)-Change in Management
Attachments (1)
📄pdf
Download →
87e4ba50-3f46-4663-87c5-253be97faa46.pdf
View document text
Date: 11th August, 2026
To, To,
BSE Limited National Stock Exchange of India Ltd
P J Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex,
Fort, Mumbai – 400001 Bandra (East), Mumbai – 400051
Scrip Code: 544821 Trading Symbol: KUSUMGAR
Dear Sir/Madam,
Sub: Intimation pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure
Requirements) Regulations, 2015
Pursuant to the provisions of Regulation 30 read with Part A Para A of Schedule III of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing
Regulations”), please be informed that Mr. Kinnar Mehta vide resignation letter dated 10th August,
2026 (enclosed as Annexure I) has resigned from the position of Chief Financial Officer of the
Company with effect from close of business hours of 10th August, 2026 to facilitate his transition
into a role within the Company focused on business strategy and long-term value creation.
Mr. Kinnar Mehta will also cease to be a Key Managerial Personnel under the provision of Section
203 and other applicable provisions if any, of the Companies Act, 2013.
He has confirmed that there is no other material reason for his resignation other than the above.
Details with respect to Change in Key Managerial Personnel as required under Regulation 30 read with
Part A of Schedule III of the SEBI Listing Regulations and SEBI Circular No. HO/49/14/14(7)2025-
CFDPOD2/ I/3762/2026 dated January 30, 2026, are annexed herewith as Annexure-II.
Request you to kindly acknowledge and take the same on record.
Thanking you.
Yours faithfully,
For Kusumgar Limited
(Formerly known as Kusumgar Private Limited)
Devanand Parshottam Mojidra
Company Secretary and Compliance Officer
Annexure-I
Annexure-II
Sr. Particulars Details
1 Reason for change viz. appointment, Mr. Kinnar Mehta, Chief Financial Officer and
reappointment, resignation, removal, Key Managerial Personnel of the Company has
death or otherwise tendered his resignation from his position as Chief
Financial Officer of the Company to facilitate his
transition into a role within the Company focused
on business strategy and long-term value creation.
2 Date of Close of business hours of 10th August, 2026
appointment/reappointment/cessation
(as applicable) & term of
appointment/re-appointment
3 Brief profile (in case of appointment) Not Applicable
4 Disclosure of relationships between Not Applicable
Directors (in case of appointment of a
director)