Zen Technologies has announced the resignation of its Chief Financial Officer, Afzal Harunbhai Malkani, effective from the close of business hours on November 30, 2025. The resignation was formally communicated through a letter dated November 2, 2025, where Malkani expressed his intention to pursue better opportunities and career prospects. This change in leadership marks a significant transition for the company, which is publicly traded under the symbol ZENTEC on the National Stock Exchange of India and has the scrip code 533339 on the BSE.
In compliance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements, Zen Technologies provided detailed disclosures regarding Malkani's resignation. The company clarified that there are no material reasons behind his departure other than the pursuit of new career opportunities. The formal resignation letter has been enclosed for further reference, ensuring transparency and adherence to regulatory requirements.
Malkani’s resignation comes as part of his professional growth, and he has expressed gratitude towards the Managing Director and the Board of Directors for the support he received during his tenure. As he prepares to transition out of his role, he will complete all necessary handover formalities by his last working day. Zen Technologies will now look for a suitable successor to fill this crucial position in the company’s management structure.