Checkpoint Trends Limited (BSE: 531099) has announced a significant development in its corporate strategy, scheduling a crucial board meeting for September 24, 2025. This meeting aims to reconsider and potentially revise the fund-raising decisions made during a previous board meeting held on September 10, 2025.

Key Points of the Upcoming Meeting

• Reassessment of Fund-Raising Strategies: The board will evaluate revised proposals for raising capital through various means, including:

  • Preferential allotment
  • Convertible warrants
  • Qualified Institutional Placement (QIP)
  • Other permissible instruments

• Superseding Previous Decisions: The outcomes of this meeting will supersede the decisions made in the September 10 meeting, indicating a potential shift in the company's financial strategy.

• Rescheduling of Extra-ordinary General Meeting: The company will also reconsider the date for its Extra-ordinary General Meeting (EGM), which was initially proposed for October 13, 2025.

Regulatory Compliance

Checkpoint Trends Limited has duly informed the BSE Limited about this development, adhering to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that shareholders and potential investors are kept informed about significant corporate actions.

Management Commentary

Pradeep Kumar, Whole-time Director of Checkpoint Trends Limited, signed the official communication to the stock exchange. The company stated that the reconsideration is due to "certain developments in the recent announcement on fund raising," though specific details of these developments were not disclosed.

Implications for Investors

This move by Checkpoint Trends Limited suggests a dynamic approach to its financial planning. Investors and market watchers will be keenly awaiting the outcomes of this meeting, as it could significantly impact the company's future capital structure and growth strategies.

The rescheduling of the EGM also indicates that shareholders may soon have an opportunity to vote on these revised fund-raising proposals, once they are finalized by the board.

As the company navigates these strategic decisions, stakeholders are advised to stay tuned for further announcements following the September 24 board meeting.

Checkpoint Trends has announced significant changes in its top finance leadership. The company, in a regulatory filing, disclosed the resignation of Ms. Abha Rajesh Kapoor from her positions as Whole-Time Director and Chief Financial Officer, effective September 16, 2025. Simultaneously, the company appointed Mr. Shubham Chaudhary as the new Chief Financial Officer, effective September 17, 2025.

Departure of Abha Kapoor

Ms. Abha Rajesh Kapoor, who held the position of Whole-Time Director and Chief Financial Officer, has stepped down citing personal reasons. In her resignation letter, Ms. Kapoor mentioned pre-occupation and other personal commitments as the primary factors behind her decision. She expressed gratitude to the Board and fellow members for their support during her tenure.

The company confirmed that there were no material reasons for Ms. Kapoor's resignation other than those stated in her letter. Ms. Kapoor held no positions in other listed entities and was not a member of any committees in listed companies.

Appointment of Shubham Chaudhary

Filling the vacancy left by Ms. Kapoor, Mr. Shubham Chaudhary has been appointed as the new Chief Financial Officer of Checkpoint Trends. Mr. Chaudhary, who was already serving as a Whole-Time Director since March 06, 2025, will now take on the additional responsibility of CFO.

Shubham Chaudhary's Profile

Mr. Chaudhary brings over eight years of experience to his new role. His expertise spans several key areas:

• Developing marketing and sales strategies to drive revenue growth and competitive advantage
• Leading, mentoring, and developing diverse sales and marketing teams
• Conducting market research, trend analysis, and competitor assessment for data-driven decision-making
• Brand positioning, market segmentation, and enhancing customer engagement and loyalty
• Proficiency in digital marketing, lead generation, and sales enablement tools
• Building and maintaining strong client and stakeholder relationships

Like Ms. Kapoor, Mr. Chaudhary does not hold any directorships or committee memberships in other listed entities.

Regulatory Compliance

Checkpoint Trends has made this announcement in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided all necessary details as required under the SEBI regulations and relevant circulars.

The company has also confirmed that neither Ms. Kapoor nor Mr. Chaudhary is debarred from holding office by any SEBI order or other regulatory authority.

These leadership changes mark a significant transition for Checkpoint Trends as it moves forward with its business strategy and financial management.