Quest Capital Markets CEO Arun Kumar Mukherjee Resigns; Board Meeting Scheduled

1 min read     Updated on 04 Aug 2025, 04:30 PM
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Overview

Quest Capital Markets Limited announced the resignation of CEO Arun Kumar Mukherjee, effective upon board acceptance. A board meeting is scheduled for August 12, 2025, to consider the resignation and approve Q2 2025 financial results. The company has closed its trading window for designated employees until 48 hours after the financial results are declared, in compliance with SEBI regulations.

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Quest Capital Markets Limited, a prominent player in the financial services sector, has announced significant developments that are set to impact the company's leadership and financial disclosure timeline.

CEO Resignation

Mr. Arun Kumar Mukherjee, the Chief Executive Officer of Quest Capital Markets Limited, has submitted his resignation letter to the company. The resignation, dated August 4, 2025, will be effective upon acceptance by the Board of Directors. This move marks a potential shift in the top leadership of the company, which could have implications for its future strategic direction.

Upcoming Board Meeting

The company has scheduled a crucial board meeting for August 12, 2025. This meeting will address two primary agenda items:

  1. Consideration of CEO's Resignation: The board will deliberate on Mr. Mukherjee's resignation, determining the terms and timing of his departure.

  2. Financial Results Approval: Directors will review and potentially approve the unaudited financial results for the quarter ended June 30, 2025.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations 2015 and the company's Insider Trading Prohibition Code, Quest Capital Markets has implemented a trading window closure. This restriction applies to all designated employees and their immediate relatives. The trading window will remain closed until 48 hours after the declaration of the unaudited financial results, ensuring fair disclosure and preventing insider trading.

Regulatory Compliance

Quest Capital Markets, formerly known as BNK Capital Markets Limited, has made these announcements in adherence to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company continues to prioritize transparency and regulatory compliance in its operations.

Investors and market watchers will be keenly observing the outcomes of the upcoming board meeting, particularly regarding the leadership transition and the quarterly financial performance of Quest Capital Markets Limited.

Historical Stock Returns for Quest Capital Markets

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-1.46%-0.33%+3.84%-8.91%-27.42%+41.56%
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