KSR Footwear accepts CFO resignation, appoints new DGM

1 min read     Updated on 01 Jul 2026, 11:51 AM
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AI Summary

KSR Footwear Ltd accepted the resignation of Suvajit Choudhury from the position of Chief Financial Officer effective June 30, 2026, following his transfer to the Commercial Department. The company appointed Vikram Jeet Sharma as Deputy General Manager - Strategic Planning & Commercial, a Senior Management Personnel role, effective July 01, 2026. These organizational changes are part of a strategic HR initiative.

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KSR Footwear Ltd has accepted the resignation of Suvajit Choudhury from the position of Chief Financial Officer effective June 30, 2026, following his transfer to the Commercial Department. The company appointed Vikram Jeet Sharma as Deputy General Manager - Strategic Planning & Commercial, a Senior Management Personnel role, effective July 01, 2026. These organizational changes are part of a strategic HR initiative aimed at optimizing management resources.

Resignation of CFO

Mr. Suvajit Choudhury ceased to hold the position of Chief Financial Officer and Key Managerial Personnel at the close of business hours on June 30, 2026. The management decided to move him to a new role within the Commercial Department. The resignation was intimated to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment of New Senior Management

Consequent to the organizational changes, Mr. Vikram Jeet Sharma joined ksr footwear on July 01, 2026. He brings over 24 years of experience in Finance & Accounts to the role of Deputy General Manager - Strategic Planning & Commercial.

Profile of Vikram Jeet Sharma

Particulars Details
Previous Role Deputy General Manager - Strategic Planning & Commercial at Khadim India Limited (since January 2006)
Past Associations Liberty Marine Syndicate Pvt Ltd., M/s. Roy Ghosh & Associates (Chartered Accountants), M/s. M. Modi & Associates (Chartered Accountants)
Qualifications Associate Member of the Institute of Chartered Accountants of India; Bachelor's degree in Commerce from the University of Calcutta

The disclosures regarding the appointment were made in accordance with Regulation 30 of the Listing Regulations read with the relevant SEBI Master Circular.

Historical Stock Returns for KSR Footwear

1 Day5 Days1 Month6 Months1 Year5 Years
-1.43%-6.21%-2.63%+106.78%-3.59%-3.59%

Who will be appointed as the permanent successor to Suvajit Choudhury as CFO?

How will the transfer of the former CFO to the Commercial Department impact financial oversight?

What specific strategic goals does Vikram Jeet Sharma aim to achieve in his new role?

KSR Footwear promoter declares no encumbrance on shares for FY26

1 min read     Updated on 17 Jun 2026, 03:46 AM
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AI Summary

Promoter Siddhartha Roy Burman declared that neither he nor the promoter group members have encumbered their equity shares in KSR Footwear Limited during the financial year ended March 31, 2026. The disclosure was submitted to stock exchanges under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration covers four entities, including the promoter and three members of the promoter group.

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Promoter Siddhartha Roy Burman has declared that neither he nor the members of the promoter group have encumbered their equity shares in KSR Footwear Limited during the financial year ended March 31, 2026. The disclosure, submitted to the stock exchanges, confirms that no shares were pledged directly or indirectly by the promoter group throughout the fiscal year.

The declaration was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose any encumbrance on shares held by them or persons acting in concert. The filing confirms that the promoter group's shareholding remains free of such charges as of the end of FY26.

The disclosure covers the promoter and three other entities classified under the promoter group. The list includes individuals and a private limited company associated with the promoters.

Sl. No. Name Category
1. Tanusree Roy Burman Promoter Group
2. Rittick Roy Burman
3. Siddhartha Roy Burman Family Trust
4. Khadim Development Company Private Limited Promoter

The letter was addressed to the BSE Limited and the National Stock Exchange of India Limited, requesting that the declaration be placed on their records. The communication was signed by Siddhartha Roy Burman on behalf of the promoter and members of the promoter group of KSR Footwear Limited.

Historical Stock Returns for KSR Footwear

1 Day5 Days1 Month6 Months1 Year5 Years
-1.43%-6.21%-2.63%+106.78%-3.59%-3.59%

Will the promoter group maintain this unpledged status in FY27 to support potential expansion plans?

How does this zero-encumbrance position impact KSR Footwear's credit rating and borrowing costs?

Could the clean shareholding structure signal an upcoming strategic acquisition or capital raise?

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1 Year Returns:-3.59%