Nirmitee Robotics India Limited has appointed Rahul Kartik Shende as its new Chief Financial Officer (CFO), effective August 10, 2026. The appointment follows the resignation of outgoing CFO Atul Dhawad, who cited an inability to devote sufficient time due to other professional commitments. This leadership change ensures continuity in financial oversight for the company, which operates in the robotics sector.

The Board of Directors approved these changes during a meeting held on August 7, 2026, which commenced at 3:30 PM and concluded at 4:30 PM. The decisions were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and applicable provisions of the Companies Act, 2013. Muskan Sundardas Bajaj, the Company Secretary and Compliance Officer, certified the disclosures submitted to BSE Limited.

Atul Dhawad’s resignation takes effect from the close of business hours on August 8, 2026. In his resignation letter dated August 5, 2026, Dhawad confirmed that his departure was driven by competing professional obligations. He assured the Board that he would complete all handover formalities by his last service day. The Company acknowledged his contributions during his tenure as Key Managerial Personnel.

Rahul Kartik Shende assumes the role of CFO and Key Managerial Personnel on August 10, 2026. Shende holds a Master of Business Administration (MBA) with a specialization in Marketing and possesses expertise in strategic marketing, brand management, and business development. He is currently pursuing a role as a Business Development Executive for personal care products. His Director Identification Number (DIN) is 11622452.

Key Personnel Changes

A notable disclosure in the filing reveals that Rahul Kartik Shende is the son of Mr. Kartik Eknath Shende (DIN: 02627131), who serves as a Non-Executive Director of Nirmitee Robotics India Limited. This familial relationship between the incoming CFO and a sitting director is a material disclosure required under SEBI Listing Regulations, ensuring transparency regarding potential related-party dynamics within the company’s governance structure.

The Board’s decision addresses the immediate vacancy in a critical financial leadership role. While Shende’s background is rooted in marketing and business development rather than traditional finance, the Board deemed his skills in business development and organizational strategy suitable for the position. The transition period between Dhawad’s departure and Shende’s arrival spans two days, minimizing operational disruption to the company’s financial reporting and compliance functions.

Nirmitee Robotics has accepted the resignation of Atul Dhawad as Chief Financial Officer and Key Managerial Personnel, effective from the close of business hours on Saturday, August 8, 2026. Dhawad tendered his resignation on August 5, 2026, citing an inability to devote sufficient time to his role due to other professional commitments. This leadership change in the finance function requires the company to secure a new appointee to ensure continuity in financial oversight and regulatory compliance.

The intimation was filed with BSE Limited on August 5, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in adherence to SEBI master circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Muskan Sundardas Bajaj, Company Secretary cum Compliance Officer of Nirmitee Robotics India Limited, signed the communication, confirming that the Board of Directors has accepted the resignation.

According to the filing, Dhawad’s cessation from office takes effect immediately after market hours on August 8, 2026. The company stated that it is actively in the process of appointing a suitable candidate for the position of CFO and KMP. Any subsequent appointment will be intimated to the stock exchanges in due course, in accordance with applicable regulations. Dhawad has requested that his name be removed as a Chief Financial Officer wherever required under the Companies Act, 2013, and has asked the company to file necessary forms with the Registrar of Companies.

The company received confirmation from Dhawad that there are no material reasons for his resignation other than those mentioned in his resignation letter. In his letter dated August 5, 2026, Dhawad expressed appreciation for the opportunity to work with the company and thanked the senior management and staff for their support during his tenure. He committed to completing handover formalities by his last service day.

Resignation Details

What the Numbers Show

While this event does not involve financial metrics, the timing of the resignation—effective within three days of submission—suggests a planned transition rather than a sudden departure. The absence of any cited material disagreements or disputes indicates a routine change in key managerial personnel. Investors should monitor subsequent filings for the appointment of a successor, as stability in the CFO role is critical for financial reporting integrity and strategic planning.