Sunil Kumar Resigns as Chief Financial Officer of Eastern Silk Industries Ltd
Eastern Silk Industries Ltd has announced that Mr. Sunil Kumar, currently serving as both an Executive Director and Chief Financial Officer (CFO), has tendered his resignation from the CFO position. The transition is effective starting at the close of business hours on June 30, 2026.Mr. Sunil Kumar will continue to serve with the company in his capacity as Executive Director. He submitted his resignation after careful consideration, stating that the decision aimed to allow him greater focus and attention towards the Company's strategic, business development, and operational areas. This restructuring of responsibilities is intended to ensure the finance function is led by a dedicated professional while he continues to contribute to the company's growth from a broader perspective.
The change in role reflects Mr. Sunil Kumar’s tenure with Eastern Silk Industries Limited. Key details regarding this transition are summarized below:
| Detail | Particulars |
|---|---|
| Nature of Change | Resignation of Mr. Sunil Kumar as Chief Financial Officer and his continuation as Executive Director of the Company. |
| Cessation Date (CFO) | Closing business hours of June 30, 2026. |
Mr. Sunil Kumar expressed gratitude to the Board and Management for the trust, guidance, and opportunities provided during his time as CFO, and he looks forward to continuing his service in the role of Executive Director.
EASTSILK Stock Price Movement
Today, shares of Eastern Silk Industries Limited edged higher to close at ₹49.83, having gained 1.67%. The stock saw a total traded volume of 1,342 shares 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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