Chief Financial Officer Zeeshan Ali Mohammed Habibi Resigns from Shipwaves Online Limited
Shipwaves Online Ltd has announced the resignation of its Chief Financial Officer, Mr. Zeeshan Ali Mohammed Habibi, citing personal reasons. The company confirmed that he will be relieved from his duties with effect from close of business hours on July 6, 2026.Mr. Habibi submitted his resignation due to his inability to devote sufficient time to the affairs of Shipwaves Online Ltd. He resigned following a letter dated July 3, 2026. The company stated that there are no other material reasons for his departure beyond those already mentioned.
The details of the CFO's resignation and tenure were provided as follows:
| Particulars | Details |
|---|---|
| Reason for Change | Mr. Zeeshan Ali Mohammed Habibi resigned due to inability to devote sufficient time to the company’s affairs. He confirmed there is no other material reason for his resignation. |
| Effective Date of Resignation | Close of business hours on July 6, 2026. |
The board of directors at Shipwaves Online Limited was notified of the resignation. The CFO submitted his resignation letter after expressing gratitude to the Board and management for the support and cooperation received during his tenure.
Stock Price Movement
On Friday, shares of Shipwaves Online Ltd closed at ₹3.58, edging up by 3.47% in the post-market session. The stock traded throughout the day within an intraday range, moving between a low of ₹3.48 and a high of ₹3.58.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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