Kaveri Seed Company Announces CFO Retirement Due to Superannuation
Kaveri Seed Company Limited has announced the retirement of Mr. K. V. Chalapathi Reddy, its Chief Financial Officer and a Key Managerial Personnel. The company confirmed that he will be retiring upon attaining the age of superannuation in accordance with his employment terms.Mr. K. V. Chalapathi Reddy will cease to be the Company's Chief Financial Officer and Key Managerial Personnel effective from the close of business hours on July 31, 2026. This transition means he will no longer hold the role as authorized for determining event materiality or for making disclosures to Stock Exchanges under the relevant regulations.
The details pertaining to the change in key managerial personnel are summarized below:
| Detail | Information |
|---|---|
| Name of Key Managerial Personnel | Mr. K.V.Chalapathi Reddy |
| Reason for Change | Retirement from the services of the Company upon attaining the age of superannuation / retirement in accordance with the terms of his employment. |
| Cessation Date | July 31, 2026 (Close of Business Hours) |
The management confirms that this change impacts Mr. K. V. Chalapathi Reddy's tenure as a Key Managerial Personnel of Kaveri Seed Company Limited.
KSCL Stock Price Movement
Kaveri Seed Company Limited shares slipped by 0.84% today, settling at ₹797.65 in post-market trading. The stock saw a volume of 79,026 shares traded during the session.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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