Rachit Prints CFO Garima Moorjani Resigns, Citing External Professional Goals
Ms. Garima Moorjani, Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of Rachit Prints Limited, has resigned. Her resignation will be effective from November 29, 2025, at the close of business hours. The reason cited for her departure is to pursue professional goals outside the organization. The company has informed BSE Limited about this change in compliance with SEBI regulations.
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Rachit Prints Limited has announced a significant change in its key management personnel. Ms. Garima Moorjani, the Chief Financial Officer (CFO) and a Key Managerial Personnel (KMP) of the company, has tendered her resignation.
Resignation Details
| Aspect | Details |
|---|---|
| Resigning Officer | Ms. Garima Moorjani |
| Position | Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) |
| Effective Date | November 29, 2025 (close of business hours) |
| Reason Cited | To pursue professional goals outside the organization |
Impact and Next Steps
The departure of Ms. Moorjani from her role as CFO is a significant development for Rachit Prints Limited. As a key member of the company's leadership team, the CFO plays a crucial role in financial strategy, reporting, and management.
The company's board may need to initiate the process of finding a suitable replacement to ensure continuity in financial leadership. This transition may involve:
- Conducting a search for a new CFO
- Potentially appointing an interim CFO
- Ensuring a smooth handover of financial responsibilities
Regulatory Compliance
Rachit Prints Limited has made this announcement in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation requires listed entities to disclose material changes in key management personnel to the stock exchanges.
The company has informed the BSE Limited about this change in board composition, adhering to the regulatory requirements for transparency and timely disclosure of material information to shareholders and the market at large.
Historical Stock Returns for Rachit Prints
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.79% | +4.35% | -8.96% | +12.14% | +12.14% | +12.14% |
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