Kaveri Seed Company has announced the upcoming retirement of its Chief Financial Officer, Mr. K. V. Chalapathi Reddy, effective July 31, 2026. Mr. Reddy’s departure marks the end of his tenure upon reaching the age of superannuation, as per his employment terms. The company has confirmed that the transition will be managed smoothly, with further details on his successor to be announced in due course.
Key Managerial Personnel Change
Kaveri Seed Company Limited has formally notified the stock exchanges regarding a significant change in its Key Managerial Personnel. Mr. K. V. Chalapathi Reddy, the Chief Financial Officer (CFO) of the company, is set to retire from his services. This retirement is in accordance with the terms of his employment and upon attaining the age of superannuation.
Retirement Details
The effective date of Mr. Reddy’s retirement has been fixed as July 31, 2026, which will be the close of business hours on that day. The company has assured stakeholders that the transition will be handled in a well-organized manner, minimizing any disruption to the financial operations and strategic direction of Kaveri Seed Company.
Regulatory Disclosure
This intimation is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the company’s policy on “Listing Regulations”. Kaveri Seed Company is committed to maintaining transparency with its investors and the market. Further updates regarding the appointment of a new CFO will be communicated as they become available.
Source: BSE