Campus Activewear's CFO, Sanjay Chhabra, has resigned from his positions as CFO, KMP, and Chief Risk Officer due to personal reasons. His departure is effective July 7, 2026. The company is seeking a successor.

Campus Activewear Sees CFO Exit

Sanjay Chhabra, Chief Financial Officer (CFO), Key Managerial Personnel (KMP), and Chief Risk Officer of Campus Activewear Ltd, has resigned. His resignation is effective July 7, 2026, at the close of business hours.

What just happened

Mr. Chhabra has stepped down from his multiple key roles within Campus Activewear Ltd, citing personal reasons for his departure. The effective date is over two years from now.

Why this matters

The exit of an executive holding dual responsibilities for finance and risk management is a notable event. It signals a significant leadership change that could impact financial oversight and strategic risk assessment until a replacement is found.

The backstory

Campus Activewear Ltd is a prominent footwear brand in India. Sanjay Chhabra has been serving in key financial and risk management capacities. The filing indicates a planned transition, with the resignation effective more than two years into the future.

What changes now

The company will initiate a search for a new CFO and potentially other key roles. Investors will be looking for a swift and competent appointment to ensure continuity in financial operations and risk management.

Risks to watch

The simultaneous vacating of CFO, KMP, and Chief Risk Officer positions, even with a distant effective date, presents a potential risk of leadership continuity disruption. The timeline and quality of the successor appointment will be critical.

Investor Takeaway

While the resignation is due to personal reasons and has a distant effective date, shareholders should monitor the succession process closely to ensure stability in the company's financial and risk management functions.