Sudarshan Pharma Industries CFO Sachin Mehta Resigns Effective May 1, 2026; Continues as Joint Managing Director
Sachin Vasantrai Mehta has resigned as Chief Financial Officer of Sudarshan Pharma Industries Limited with effect from May 1, 2026, as per a resignation letter dated April 27, 2026. Mehta confirmed there are no material reasons beyond those stated for his resignation and will continue in his role as Joint Managing Director. The disclosure was made on May 8, 2026, in response to a BSE query dated May 2, 2026, under Regulation 30 of SEBI (LODR) Regulations, 2015.

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Sudarshan Pharma Industries Limited has disclosed the resignation of Sachin Vasantrai Mehta from the position of Chief Financial Officer (CFO), effective May 1, 2026. The development was formally communicated to BSE Limited by the company's Company Secretary and Compliance Officer, Nirav Shah, on May 8, 2026, in response to a query raised by the exchange on May 2, 2026, seeking additional details regarding the corporate announcement filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
CFO Resignation: Key Details
The resignation letter, dated April 27, 2026, was submitted by Sachin Vasantrai Mehta to the Board of Directors of Sudarshan Pharma Industries Limited. In his letter, Mehta tendered his resignation as CFO with effect from May 1, 2026. The company had originally filed the corporate announcement pertaining to this resignation on May 1, 2026, vide company letter no. SPIL/CS/SE/2026-2027/08 dated April 30, 2026.
The following table summarises the key details of the resignation:
| Parameter: | Details |
|---|---|
| Outgoing CFO: | Sachin Vasantrai Mehta |
| Resignation Date (Letter): | April 27, 2026 |
| Effective Date of Resignation: | May 1, 2026 |
| BSE Query Date: | May 2, 2026 |
| Company Response Date: | May 8, 2026 |
| Continuing Role: | Joint Managing Director |
Reason for Resignation and Continuing Role
In his resignation letter addressed to the Board of Directors, Mehta stated that there are no other material reasons beyond those provided for his resignation as Chief Financial Officer. Notably, Mehta clarified that he will continue to serve the company as Joint Managing Director, indicating that his association with Sudarshan Pharma Industries Limited remains intact in an executive capacity.
Mehta also expressed gratitude to his colleagues on the Board for the cooperation extended during his tenure as CFO, and requested the company to complete all necessary regulatory filings with the Stock Exchanges, Ministry of Corporate Affairs, Registrar of Companies, and all other relevant authorities.
Regulatory Compliance
The disclosure was made by Nirav Shah, Company Secretary and Compliance Officer of Sudarshan Pharma Industries Limited, in accordance with the requirements under Regulation 30 of SEBI (LODR) Regulations, 2015. The company submitted the detailed resignation letter as an enclosure to its reply, fulfilling the additional disclosure requirement sought by BSE Limited.
Historical Stock Returns for Sudarshan Pharma Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.86% | -0.03% | -2.28% | +12.78% | +1.39% | +332.28% |
Who will Sudarshan Pharma Industries appoint as the new CFO, and how might the transition impact the company's financial reporting and investor confidence?
How could Sachin Mehta's dual role as Joint Managing Director without the CFO title affect corporate governance and the separation of financial oversight responsibilities at Sudarshan Pharma?
What implications might this leadership restructuring have on Sudarshan Pharma's ongoing or upcoming fundraising activities, audits, or financial disclosures?


































