Majestic Auto Ltd Chief Financial Officer Resigns Due to Personal Reasons
Majestic Auto Ltd has announced the resignation of Mr. Ajay Kumar from his position as Chief Financial Officer (CFO). The company confirmed that Mr. Kumar resigned due to personal reasons and was officially relieved of his duties on June 24, 2026.The board of directors accepted Mr. Kumar’s resignation following its submission, marking the effective date of his cessation from the role.
Details regarding the change in key managerial personnel have been provided, confirming that the CFO’s departure was prompted by personal reasons.
Key details of the transition are summarized below:
| Particulars | Details |
|---|---|
| Name of Key Managerial Personnel | Mr. Ajay Kumar |
| Position | Chief Financial Officer (CFO) |
| Reason for Change | Resignation due to personal reasons |
| Date of Cessation | June 24, 2026 |
MAJESAUT Stock Price Movement
Today, shares of Majestic Auto Limited edged higher in post-market trading to close at ₹339.25 after gaining 0.38%. The stock settled after trading a volume of 3,080 shares, having fluctuated within an intraday range defined by a high of ₹344 and a low of ₹335.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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