PAN HR Solution Limited has accepted the resignation of Deepak Kumar from the position of Chief Financial Officer (CFO), effective at the close of business on August 3, 2026, triggering a leadership transition at the listed human resources solutions company.
According to the company's regulatory filing with BSE Limited, Kumar stepped down citing personal reasons. The Board of Directors has acknowledged his resignation and begun the process of appointing a new CFO.
Board begins succession process
The resignation was formally communicated to the stock exchange in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the relevant SEBI circular issued on January 30, 2026.
The filing, signed by Rajeev Kumar, Chairman and Managing Director of PAN HR Solution Limited, confirmed the cessation of Deepak Kumar's role and said the company would inform stock exchanges once a successor is appointed.
Key details of the transition
- Executive: Deepak Kumar
- Position: Chief Financial Officer
- Effective date: August 3, 2026
- Reason for resignation: Personal reasons
- Material reasons for exit: None disclosed beyond those stated in the resignation letter
- Next step: Board has initiated the search for a new CFO
Executive assures smooth handover
In his resignation letter, Deepak Kumar thanked the Board of Directors, management and colleagues for their support during his tenure.
He also confirmed there were no material reasons behind his departure other than the personal reasons disclosed in the filing.
Kumar further assured the company of his full cooperation to facilitate an orderly transition of responsibilities, records and related matters.
Leadership change at the finance function
The resignation marks a change in key managerial personnel for the Noida-based HR solutions provider.
While the company has not announced a replacement, it said the Board is actively working to appoint a new Chief Financial Officer. A formal announcement will be made through the stock exchanges once the appointment process is completed.