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.

Checkpoint Trends Limited , a company listed on the Bombay Stock Exchange (BSE: 531099), has announced significant changes to its corporate structure and business focus. The company's Board of Directors has approved a series of strategic decisions aimed at expanding its capital base and diversifying its business operations.

Authorized Share Capital Expansion

The Board has given the green light to increase the company's authorized share capital from Rs. 75.00 crores to Rs. 300.00 crores, subject to shareholder approval. This fourfold increase will expand the number of equity shares from 7.50 crore to 30.00 crore, with each share maintaining a face value of Rs. 10.00.

Business Diversification

In a move to broaden its business horizons, Checkpoint Trends Limited has proposed amendments to its Memorandum of Association. The company plans to venture into two new main business areas:

1. Tobacco-related Trading: The company aims to become a trader, buyer, seller, importer, and exporter of various tobacco products. This includes bidies, cigarettes, cigars, smoking and chewing tobacco, as well as related accessories like match boxes and smokers' requisites.

2. Edible Oils Business: Checkpoint Trends Limited is set to enter the edible oils sector, engaging in trading, processing, refining, blending, and packaging of various types of edible oils and fats. The range includes mustard oil, sunflower oil, soybean oil, groundnut oil, coconut oil, rice bran oil, palm oil, and olive oil, among others.

Shareholder Approval Process

The company has initiated a postal ballot process to seek shareholder approval for these significant changes. Key details of the e-voting process include:

MNB & Co. LLP has been appointed as the scrutinizer for the e-voting process to ensure transparency and fairness.

Management's Perspective

Pradeep Kumar, Whole-time Director of Checkpoint Trends Limited, signed off on the Board meeting outcome. The company views these changes as strategic moves to optimize its resources and capabilities, enhance operational efficiency, and create sustainable value for stakeholders.

The proposed diversification is expected to allow Checkpoint Trends Limited to respond more effectively to emerging market opportunities and improve its competitiveness in the evolving business landscape.

Investors and stakeholders will be keenly watching how these proposed changes, if approved, will impact the company's future growth trajectory and market position.