West Leisure Resorts Appoints Mrs. Jyoti Shinde as Manager cum CFO

1 min read     Updated on 31 Mar 2026, 07:03 PM
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AI Summary

West Leisure Resorts Limited has appointed Mrs. Jyoti Shinde as Manager and Chief Financial Officer effective April 01, 2026, following board approval and regulatory compliance with SEBI regulations. The appointment strengthens the company's leadership structure with her extensive 15-year experience in financial management, taxation, and audit services.

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West Leisure Resorts Limited has announced a key leadership appointment, naming Mrs. Jyoti Shinde as Manager and Chief Financial Officer (CFO) effective April 01, 2026. The appointment was formally approved by the company's Board of Directors during their meeting held on March 31, 2026.

Board Approval and Regulatory Compliance

The appointment received approval following recommendations from the company's Nomination and Remuneration Committee. The decision was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the company filing the required intimation to BSE Limited.

Parameter: Details
Appointment Date: April 01, 2026
Board Meeting Date: March 31, 2026
Term Duration: 5 years (Manager role)
Meeting Duration: 12:40 a.m. to 01:10 p.m.
BSE Code: 538382
Designation: Manager cum CFO

Professional Background and Qualifications

Mrs. Jyoti Shinde brings substantial expertise to her new role, with qualifications as both a Chartered Accountant and Law Graduate. Her professional experience spans over 15 years in critical financial areas including accounts, taxation, audit, and financial reporting.

Her specialized expertise encompasses:

  • Direct and indirect tax advisory services
  • GST compliance and management
  • Transfer pricing matters
  • Assessment and litigation handling
  • Regulatory reporting and audit management
  • Strategic financial planning services

Key Managerial Personnel Designation

Mrs. Shinde will assume dual roles as both Manager and CFO, serving as Key Managerial Personnel pursuant to Section 203 of the Companies Act, 2013. The company has confirmed that she is not related to any existing Director of the company, ensuring independence in her role.

While her CFO appointment takes immediate effect from April 01, 2026, her managerial appointment for the five-year term remains subject to approval by members at the company's ensuing Annual General Meeting.

Corporate Governance Impact

With this appointment, West Leisure Resorts Limited strengthens its Key Managerial Personnel structure under the Companies Act, 2013. The dual role of Manager cum CFO positions Mrs. Shinde to provide comprehensive oversight of both operational management and financial stewardship for the company.

The regulatory filing was completed in accordance with SEBI's Master Circular No. SEBIHO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, demonstrating the company's commitment to transparent corporate governance practices.

Historical Stock Returns for West Leisure Resorts

1 Day5 Days1 Month6 Months1 Year5 Years
+4.11%+9.80%-6.43%-25.29%-45.43%+14.09%

What strategic initiatives might West Leisure Resorts pursue under Mrs. Shinde's financial leadership given her expertise in tax advisory and transfer pricing?

How will the dual Manager-CFO role structure impact the company's decision-making speed and operational efficiency compared to traditional separate roles?

What are the potential challenges Mrs. Shinde may face in balancing operational management responsibilities with financial oversight in the leisure industry?

West Leisure Resorts CFO C K Khaitan Resigns Due to Personal Reasons

1 min read     Updated on 31 Mar 2026, 05:43 AM
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Reviewed by
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AI Summary

West Leisure Resorts Limited has announced the resignation of its Manager and Chief Financial Officer, Mr. C K Khaitan, due to personal reasons with effect from March 31, 2026. The company has fulfilled all regulatory compliance requirements under SEBI Listing Regulations and submitted necessary documentation including the resignation letter.

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West Leisure Resorts Limited has informed the stock exchanges about the resignation of its Manager and Chief Financial Officer (CFO), Mr. C K Khaitan, due to personal reasons. The resignation takes effect from the close of business hours on March 31, 2026.

Resignation Details

The company filed the intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on March 30, 2026. Mr. Khaitan, who also served as Key Managerial Personnel of the company, submitted his resignation letter on March 30, 2026, expressing gratitude for the support and cooperation extended during his tenure.

Parameter: Details
Position: Manager & CFO (Key Managerial Personnel)
Resignation Date: March 30, 2026
Effective Date: March 31, 2026 (close of business hours)
Reason: Personal reasons
Relief Date: March 31, 2026 (close of business hours)

Regulatory Compliance

West Leisure Resorts Limited has fulfilled its disclosure obligations by providing the required information under Regulation 30 of the SEBI Listing Regulations. The resignation letter will be presented to the Board of Directors in the upcoming Board Meeting for formal consideration and acceptance.

The company has submitted all necessary documentation, including the resignation letter as Annexure A, in compliance with SEBI's Master Circular No. SEBIHO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The disclosure follows the prescribed format under Para A, Part A of Schedule III of SEBI Listing Regulations.

Disclosure Requirement: Details
Reason for Change: Resignation due to personal reasons
Date of Cessation: March 31, 2026 (close of business hours)
Term of Appointment: Manager & CFO (Key Managerial Personnel)
Brief Profile: N.A.

Company Information

West Leisure Resorts Limited is registered in Maharashtra with its registered office located at Mall Office, 2nd Floor, Metro Junction Mall of West Pioneer Properties (India) Pvt. Ltd, Netivali, Kalyan (E), Thane-421306. The company trades on BSE under the code 538382.

The intimation was signed by Bhaviika Jain, Company Secretary and Compliance Officer, ensuring proper regulatory compliance during this transition period. Mr. Khaitan's resignation letter was addressed from his residence at Flat No.26, Dariya Mahal-A, 80, Nepeansea Road, Mumbai-400006.

Historical Stock Returns for West Leisure Resorts

1 Day5 Days1 Month6 Months1 Year5 Years
+4.11%+9.80%-6.43%-25.29%-45.43%+14.09%

How quickly will West Leisure Resorts be able to find and onboard a replacement CFO to maintain financial oversight continuity?

Could this sudden CFO departure signal underlying operational or financial challenges that investors should be concerned about?

What impact might the leadership transition have on West Leisure Resorts' upcoming quarterly earnings and financial reporting timeline?

More News on West Leisure Resorts

1 Year Returns:-45.43%