Syncom Formulations India Ltd Announces Resignation of Chief Financial Officer (CFO)
Syncom Formulations (India) Limited has confirmed the resignation of Mr. Rahul Vijay Bankda from the post of Chief Financial Officer (CFO). The company received the resignation on August 08, 2026.Mr. Bankda tendered his resignation, effective from the close of business hours on August 11, 2026. In a statement submitted to the Board of Directors, Mr. Bankda stated that his decision was due to undertaking a different professional responsibility within the organization. He confirmed that his resignation did not stem from any disagreement with the Board or management of Syncom Formulations (India) Limited.
The company acknowledged the resignation and expressed appreciation for the valuable contribution made by Mr. Rahul Vijay Bankda during his tenure as CFO. The Board noted that he will continue to be associated with the Company in a different capacity, looking forward to his continued support toward the organization's growth.
Key details regarding the change are summarized below:
| Disclosure Requirement | Details |
|---|---|
| Reason for Change | Resignation of Mr. Rahul Vijay Bankda as Chief Financial Officer (CFO). |
| Date of Cessation | August 11, 2026 |
| CFO Profile | Not Applicable |
SYNCOMF Stock Price Movement
On Friday, shares of Syncom Formulations (India) Limited edged higher, gaining 2.28% to close at ₹13.45, up from the previous closing price. The stock saw significant movement, registering a total traded volume of 1.88 million shares throughout 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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