HLE Glascoat Ltd Announces Resignation of Chief Financial Officer Naveen Kandpal
HLE Glascoat Ltd has announced a change in its Key Managerial Personnel (KMP) following the resignation of Mr. Naveen Kandpal, who serves as the company's Chief Financial Officer (CFO).Mr. Kandpal tendered his resignation due to personal reasons and will cease to be the CFO of HLE Glascoat Ltd effective from July 3, 2026, after the close of business hours. Consequently, he will also stop being a KMP for determining the materiality of any event or transaction for required disclosures, effective July 3, 2026.
The resignation details confirm the following key information regarding the change in personnel:
| Particulars | Details |
|---|---|
| Reason for Change | Resignation |
| Date of Cessation | Close of the business hours of July 3, 2026 |
| Profile | Not Applicable |
The company has confirmed the resignation and noted that Mr. Kandpal is resigning from his position as CFO. The board members have been informed regarding the transition of responsibilities during the notice period.
HLEGLAS Stock Price Movement
Shares of HLE Glascoat Limited slipped by 2.32% on Friday to settle at ₹381.20. The stock recorded a volume of 120,811 shares as it closed the session lower.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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