Maharashtra Seamless CFO Arup Mandal resigns effective July 2
Maharashtra Seamless Limited CFO Arup Mandal resigned on July 2, 2026, due to personal reasons. The company informed the exchanges under Regulation 30 of SEBI Listing Regulations. The resignation was effective immediately upon the closure of business on July 2.
*this image is generated using AI for illustrative purposes only.
Maharashtra Seamless Limited accepted the resignation of Arup Mandal from the position of Chief Financial Officer, effective July 2, 2026. The resignation was submitted due to personal reasons, marking a change in the company's financial leadership structure. The disclosure was made to the stock exchanges in compliance with regulatory requirements.
The company informed BSE Limited and National Stock Exchange of India Limited regarding the cessation of the CFO's role. The intimation was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed disclosure required under the SEBI Master Circular was also provided to the exchanges.
Resignation Details
The resignation of Mr. Arup Mandal was formally communicated to the Managing Director of Maharashtra Seamless on July 2, 2026. In his resignation letter, he cited personal reasons for stepping down and requested to be relieved on the same date. He expressed gratitude for the opportunity to work with the organization.
The following table summarizes the key details of the regulatory disclosure:
| S. No. | Particulars | Details |
|---|---|---|
| 1. | Reason for change | Resignation of Mr. Arup Mandal as Chief Financial Officer of the Company |
| 2. | Date of cessation | 2 July, 2026 |
| 3. | Brief profile | Not Applicable |
| 4. | Disclosure of relationships | Not Applicable |
| 5. | Letter of Resignation | Enclosed |
The filing was signed by Ram Ji Nigam, Company Secretary & Compliance Officer of Maharashtra Seamless Limited, on July 3, 2026. The company confirmed that the resignation letter and the detailed reason for the departure were attached as part of the regulatory submission.
Historical Stock Returns for Maharashtra Seamless
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.83% | -2.92% | +0.04% | +9.11% | -19.14% | +310.39% |
Who will Maharashtra Seamless appoint as the interim or permanent successor to Arup Mandal?
How will the change in financial leadership impact the company's strategic financial planning and reporting?
What steps is the company taking to ensure a smooth transition during this period of leadership change?
17
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
