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An update from Nibe Ltd. ( (IN:NIBE) ) is now available.
Nibe Limited has announced that its Chief Financial Officer and Key Managerial Personnel, Jigar Shah, has resigned from his position, effective at the close of business on 11 April 2026. The company has notified both BSE and NSE of this leadership change and made the information available on its website, signaling an upcoming transition in its finance leadership that may be closely watched by investors and regulators.
The disclosure complies with Indian securities listing regulations, with further details said to be provided in accompanying documentation referenced in the company’s communication. While no reasons for the resignation were disclosed, the change in a key financial role could influence stakeholder perception of Nibe’s governance and financial management as the board moves to identify and appoint a successor.
More about Nibe Ltd.
Nibe Limited is an India-based listed company, with its registered office and manufacturing operations in the MIDC industrial area at Chakan, Pune, Maharashtra. The company’s shares are traded on BSE and the National Stock Exchange under the symbol NIBE, placing it within the country’s regulated corporate and capital markets framework.
Average Trading Volume: 5,060
Technical Sentiment Signal: Hold
Current Market Cap: 14.05B INR
See more insights into NIBE stock on TipRanks’ Stock Analysis page.