Sun Retail accepts resignation of company secretary Parin Bhavsar

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Parin Shirishkumar Bhavsar resigns as Company Secretary and Compliance Officer
  • Departure effective August 30, 2026, due to new career opportunity
  • Disclosure filed with BSE on September 8, 2026
  • Sanjay Patil, Managing Director, signed the regulatory notice
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Sun Retail accepted the resignation of Parin Shirishkumar Bhavsar from his roles as Company Secretary and Compliance Officer. The departure takes effect on August 30, 2026.

The company disclosed the change in a filing with the Bombay Stock Exchange on September 8, 2026. Bhavsar cited a new career opportunity as the reason for leaving.

Regulatory Disclosure

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing references SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Sanjay Patil, Managing Director of Sun Retail, signed the disclosure. The company is headquartered in Ahmedabad, Gujarat.

Particulars Details
Name Parin Shirishkumar Bhavsar
Role Resigned Company Secretary and Compliance Officer
Effective Date August 30, 2026
Reason New career opportunity

The resignation letter, dated August 30, 2026, requested the board to file necessary compliance forms with the Ministry of Corporate Affairs and the Registrar of Companies.

Historical Stock Returns for Sun Retail

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%-15.79%-33.33%-73.77%

Has Sun Retail identified a successor for the Company Secretary and Compliance Officer roles, and what is the expected timeline for their appointment?

How might this leadership change in compliance affect Sun Retail's upcoming regulatory filings or audit processes?

Are there any pending legal or regulatory investigations that might have influenced Parin Shirishkumar Bhavsar's decision to resign?

Sun Retail accepts resignation of CFO and director

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Reviewed by
Naman SScanX News Team
Key Highlights
  • 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
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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 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%-15.79%-33.33%-73.77%

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?

More News on Sun Retail

1 Year Returns:-33.33%