Carysil CFO Anand Sharma resigns as Executive Director and Group CFO

Carysil (NSE: CARYSIL) said in a filing on 04 Nov 2026 that Anand H. Sharma has resigned as Executive Director and Group Chief Financial Officer, effective from the close of business hours on 16 Nov 2026. The board took note of the resignation at its meeting that day.

Sharma's reason is relocation to the Bhavnagar headquarters

Sharma's resignation email, dated 4 Nov 2026, gives the reason as personal: he is unable to relocate to the company's headquarters at Bhavnagar. The company says it needs its leadership team around the Chairman there as it begins the next phase of growth under Carysil 2.0.

Sharma has confirmed to the company that there are no other material reasons for his resignation beyond those in the email. The company says the detailed email will be submitted to the exchanges with a later intimation, when the resignation takes effect.

Trading window and next steps

The company's internal code of conduct for insider trading means the trading window for designated persons re-opens on 7 Nov 2026, the Saturday after the filing.

The company will make a further intimation to the stock exchanges when the resignation takes effect on 16 Nov 2026.

What Sharma's resignation means for Carysil's shareholders

The filing concerns a change in two senior roles, executive director and group chief financial officer. It does not name a successor, and it does not say who will take over the finance function after 16 Nov 2026.

The next dated step is the further intimation to the exchanges on or after 16 Nov 2026, which is expected to carry the detailed reasons. Until then, the effect on the company's finance function is not known.

At a glance