Chandrima Mercantiles Announces Major Leadership Changes and New Auditor Appointment
Chandrima Mercantiles Limited has announced significant leadership changes. Mr. Chiragkumar Kiranbhai Prajapati will replace Mr. Dinesh Hareshbhai Gohel as Managing Director and CFO, effective November 22, 2025. Mr. Gohel transitions to a Non-Executive Director role. The company has recommended M/s. MAAK Associates as the new statutory auditor for FY 2025-26, pending member approval. These changes come as the company reports robust financial growth, with total assets increasing by 59.08% to ₹113.90 crores and total equity rising by 113.21% to ₹101.70 crores as of March 2025.

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Chandrima Mercantiles Limited , a company with a strong financial position, has announced significant changes in its leadership structure and the appointment of a new statutory auditor. These changes come as the company continues to show robust growth in its balance sheet.
Leadership Restructuring
The company has approved the following key changes in its leadership:
| Position | Outgoing | Incoming | Effective Date |
|---|---|---|---|
| Managing Director | Mr. Dinesh Hareshbhai Gohel | Mr. Chiragkumar Kiranbhai Prajapati | 22 November, 2025 |
| Chief Financial Officer (CFO) | Mr. Dinesh Hareshbhai Gohel | Mr. Chiragkumar Kiranbhai Prajapati | 22 November, 2025 |
Mr. Dinesh Hareshbhai Gohel, who previously held the positions of Managing Director and CFO, has transitioned to the role of Non-Executive Director. The company stated that Mr. Gohel's resignation as CFO was due to pre-occupation elsewhere.
New Statutory Auditor
Chandrima Mercantiles has recommended the appointment of M/s. MAAK Associates, Chartered Accountants (FRN: 135024W), as the new statutory auditor for the financial year 2025-26. This appointment is subject to approval by the members in the upcoming Extra-Ordinary General Meeting.
Financial Position
While the leadership changes are significant, it's worth noting that Chandrima Mercantiles Limited has shown substantial growth in its financial position. As of March 2025:
| Financial Metric | Value (in crores) | YoY Change |
|---|---|---|
| Total Assets | ₹113.90 | +59.08% |
| Total Equity | ₹101.70 | +113.21% |
| Current Assets | ₹33.80 | +279.78% |
| Investments | ₹80.10 | +27.75% |
The company's strong financial growth provides a solid foundation for the new leadership to build upon.
These changes mark a new chapter for Chandrima Mercantiles Limited. As the company moves forward with its new leadership and auditor, stakeholders will be keen to see how these changes impact the company's future strategies and performance.
Historical Stock Returns for Chandrima Mercantiles
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.94% | -9.42% | +3.59% | +275.23% | +131.74% | +1,793.75% |


















