Pulsar International accepts CS Sakshi Bhutada's resignation

1 min read     Updated on 25 Jun 2026, 04:44 PM
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Pulsar International has accepted the resignation of Company Secretary and Compliance Officer Sakshi Bhutada, effective June 30, 2026. Bhutada is leaving to start independent consultancy and obtain a Certificate of Practice. The company disclosed the information to BSE Limited on June 25, 2026, under SEBI regulations.

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Pulsar International has accepted the resignation of Ms. Sakshi Bhutada from the position of Company Secretary and Compliance Officer, effective from the close of business hours on June 30, 2026. The resignation was intimated to the stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Bhutada stated she is leaving to pursue professional aspirations by obtaining a Certificate of Practice from the Institute of Company Secretaries of India and commencing independent consultancy.

The Managing Director, Arvind Gulabji Parmar, signed the regulatory filing submitted to BSE Limited on June 25, 2026. The company confirmed that Bhutada held no shareholding in the firm. The disclosure noted that the specific reason for the change was resignation, and no relationship with the management was disclosed.

Resignation Details

The following table outlines the key particulars regarding the departure of the Company Secretary:

Particulars Disclosures
Reason for Change Resignation
Date of Resignation Effective from 30 June 2026 after closing of business hours
Brief Profile Not Applicable
Disclosure of Relationship with Management Not Applicable
Shareholding NIL

In her resignation letter addressed to the Board of Directors, Bhutada expressed gratitude for the support and opportunities provided during her tenure. She assured the Board of her full cooperation to ensure a smooth transition of responsibilities before her departure.

Historical Stock Returns for Pulsar International

1 Day5 Days1 Month6 Months1 Year5 Years
+1.89%-1.82%-21.74%-70.81%-80.92%+350.00%

Who will be appointed as the successor to ensure continuity in compliance and secretarial duties?

How will the transition period impact Pulsar International's regulatory filings and compliance timelines?

What strategic changes might the company implement in its governance structure following this leadership change?

Pulsar International Limited: CFO Vipul Panchal Resigns; Sohilkumar Dineshkumar Patel Appointed as Interim CFO

2 min read     Updated on 01 Jun 2026, 03:34 PM
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Pulsar International Limited announced the resignation of CFO Mr. Vipul Panchal, effective June 1, 2026, due to personal reasons and his intent to pursue a career in law. The Board appointed Mr. Sohilkumar Dineshkumar Patel, Additional Executive Whole-time Director since March 16, 2026, as Interim CFO from June 2, 2026. Mr. Patel holds a directorship in Salasar Exteriors and Contour Limited and has nil shareholding in Pulsar International. The disclosures were made under Regulation 30 of SEBI (LODR) Regulations, 2015.

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Pulsar International Limited has informed stock exchanges of the resignation of Mr. Vipul Panchal from the post of Chief Financial Officer (CFO), effective from the close of business hours on June 1, 2026. Mr. Panchal cited personal reasons and his decision to pursue a professional career in law as the basis for his resignation. The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors acknowledged his resignation and placed on record its appreciation for the services rendered by him during his tenure with the Company.

Leadership Transition at the CFO Level

Following Mr. Panchal's departure, the Board of Directors appointed Mr. Sohilkumar Dineshkumar Patel (DIN: 10877535) as Interim Chief Financial Officer with effect from June 2, 2026. Mr. Patel, who serves as an Additional Executive Whole-time Director of the Company since March 16, 2026, will hold the Interim CFO position until a regular Chief Financial Officer is appointed by the Board. The following table summarises the key details of both the cessation and the interim appointment as disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015:

Parameter: Mr. Vipul Panchal Mr. Sohilkumar Dineshkumar Patel
Role: Chief Financial Officer Interim Chief Financial Officer
Nature of Change: Resignation Appointment
Effective Date: June 1, 2026 (close of business hours) June 2, 2026
Reason: Personal reasons; pursuing law career Appointed to discharge CFO duties until regular CFO is appointed
Shareholding in Company: Nil Nil
Directorship in other Listed Companies: Nil Salasar Exteriors and Contour Limited

Profile of Interim CFO

Mr. Sohilkumar Dineshkumar Patel is a graduate from Gujarat University. He is actively engaged in the agriculture business and possesses practical experience in agricultural trading and related activities. Through his involvement in the agri-business sector, he has developed an understanding of agricultural markets, business operations, and management practices. He has been serving as an Additional Executive Whole-time Director of Pulsar International since March 16, 2026, contributing to the strategic development and growth of the Company.

As per the regulatory disclosures, Mr. Patel is not related to any Director of the Company and is not debarred from holding the office of Director or Key Managerial Personnel by virtue of any order of SEBI or any other authority.

Regulatory Compliance

The intimation was signed by Mr. Arvind Parmar, Managing Director (DIN: 09356562), on behalf of Pulsar International Limited, and was submitted to BSE Limited on June 1, 2026. The Company has been directed to file the necessary forms with the Registrar of Companies and intimate the stock exchanges in accordance with applicable provisions of law, as requested in Mr. Panchal's resignation letter.

Historical Stock Returns for Pulsar International

1 Day5 Days1 Month6 Months1 Year5 Years
+1.89%-1.82%-21.74%-70.81%-80.92%+350.00%

What is the expected timeline for appointing a permanent Chief Financial Officer?

How will the interim CFO's agri-business background influence the company's financial strategy?

Will the resignation impact the company's upcoming financial reporting or audit processes?

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