Sun Retail accepts resignation of CFO and director
- Sun Retail Ltd accepted the resignation of CFO Dharamjit Bhupatsinh Mori
- Additional non-executive director Rajesh Chinubhai Sutaria also resigned
- Both directors cited pre-occupation of work elsewhere as the cause
- Resignations took effect at close of business on September 7, 2026
*this image is generated using AI for illustrative purposes only.
Sun Retail Ltd accepted the resignations of two directors on September 7, 2026. The departures include the company’s whole-time director and chief financial officer.
Mr. Dharamjit Bhupatsinh Mori stepped down from his role as whole-time director and CFO. Mr. Rajesh Chinubhai Sutaria resigned as an additional non-executive non-independent director. Both exits became effective at the close of business on September 7, 2026.
Resignation Details
The company disclosed the changes under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was read with Part A of Schedule III of the Listing Regulations and Master Circular No SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Both directors cited pre-occupation of work elsewhere as the reason for their resignation. They stated they were no longer in a position to devote time to the company’s affairs.
| Director Name | Position Held | Reason for Resignation | Effective Date |
|---|---|---|---|
| Dharamjit Bhupatsinh Mori | Whole-time Director & CFO | Pre-occupation of work elsewhere | September 7, 2026 |
| Rajesh Chinubhai Sutaria | Additional Non-Executive Non-Independent Director | Pre-occupation of work elsewhere | September 7, 2026 |
Sanjay Patil, managing director of Sun Retail, signed the disclosure letter addressed to the Listing and Compliance Department of the Bombay Stock Exchange Limited.
Historical Stock Returns for Sun Retail
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.23% | +3.23% | -8.57% | -15.79% | -34.69% | 0.0% |
Who has been appointed or is being considered to replace the outgoing CFO, and what is their financial background?
Will Sun Retail appoint an interim CFO to manage operations until a permanent replacement is found?
How might the simultaneous departure of the CFO and a non-executive director impact investor confidence in the company's governance?
19
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
