Osia Hyper Retail CFO Samir Babubhai Chunara Resigns Effective October 15, 2025
Osia Hyper Retail Limited announced the resignation of Chief Financial Officer Mr. Samir Babubhai Chunara, effective October 15, 2025, due to personal reasons. The company has complied with SEBI regulations by notifying the National Stock Exchange and will announce the appointment of a new CFO in due course. The Board expressed appreciation for Mr. Chunara's service and commitment during his tenure.
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Osia Hyper Retail Limited has announced the resignation of its Chief Financial Officer, Mr. Samir Babubhai Chunara, effective from the close of business hours on October 15, 2025. The company communicated this development to the National Stock Exchange of India Limited on October 16, 2025, in compliance with regulatory requirements.
Resignation Details
The resignation was submitted due to personal reasons, as confirmed in the official documentation. Mr. Chunara tendered his resignation letter on October 15, 2025, requesting the Board to accept his decision and arrange for necessary regulatory filings.
| Parameter: | Details |
|---|---|
| Effective Date: | October 15, 2025 |
| Reason: | Personal reasons |
| Position: | Chief Financial Officer |
| Notification Date: | October 16, 2025 |
Regulatory Compliance
The company has fulfilled its obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed information has been provided in accordance with SEBI circular No. SEBI/HO/CFD/CFD PoD1/P/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Management Response
The Board and Management have placed on record their sincere appreciation for Mr. Chunara's service and commitment to the company. They have extended their best wishes for his continued success in future endeavors. In his resignation letter, Mr. Chunara expressed gratitude to the Board of Directors and management team for their support, guidance, and opportunities during his tenure.
Transition Arrangements
Mr. Chunara has committed to ensuring a smooth transition of responsibilities and will extend full cooperation in handing over duties, documents, and records to the designated person as directed by management. The company has stated that it will make necessary intimations to stock exchanges regarding the appointment of a new CFO in accordance with applicable regulatory provisions.
Company Information
Osia Hyper Retail Limited is listed on the National Stock Exchange with the symbol OSIAHYPER. The company's registered office is located at Basement Store 1, 4D Square, Opp. IIT Eng. College, Near D-Mart, Visat Gandhinagar Highway, Motera, Ahmedabad 380 005, Gujarat.
Historical Stock Returns for Osia Hyper Retail
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.92% | -14.24% | +67.16% | -73.17% | -75.57% | -36.07% |
How will the CFO departure impact Osia Hyper Retail's upcoming financial reporting and quarterly earnings guidance?
What timeline is the company targeting for appointing a new CFO, and will they prioritize internal promotion or external recruitment?
Could this leadership change signal broader strategic shifts or operational challenges within Osia Hyper Retail's business model?
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