Kuantum Papers Limited has disclosed that Vikram Kumar Khaitan has resigned from the position of Chief Financial Officer and Key Managerial Personnel, with effect from the close of business hours on 31 October 2026. The company attributes the departure to personal reasons and notes that Khaitan stands relieved from duties from that date, as approved by management.
Kuantum Papers is actively pursuing a successor and has indicated that a suitable replacement for the CFO role will be appointed. The company will make a separate disclosure regarding the appointment as applicable, once finalized.
In his resignation letter, Khaitan states that there are no other material reasons beyond personal considerations for stepping down and expresses gratitude to the board, management, and staff for their support during his tenure.
This leadership transition underscores Kuantum Papers’ ongoing attention to its financial leadership as it charts the next phase of its corporate journey, with the finance function poised to support the company’s strategic priorities moving forward.