Resignation of CFO/ Company secy is a non-issue. Any one going through Exchange filings will see related posting almost everyday, may be multiples. It has become a standard for Company Secys to change companies at the drop of a hat for few rupees of extra benefits. It is just like attrition rates in IT cos. I know many green horns, working as Company secretary, changing jobs for extra 5000 pm. And SME companies recruit them for doing some routine jobs, like statutory filing, exchange disclosures, MCA filings etc. Generally they don’t much contribute to business or finance. Except some quality and senior professionals who are Key persons, resignation of CFO/ Company Secy should be taken as a negative in my opinion.
I am not a qualified professionals and you must not allow my opinion to affect your investment decision. It will be fair to presume that I may have vested interest here. I may be interested to buy this stock on any weakness.
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