# Heranba Industries CFO Pravin Shetty to Step Down December 31, 2026, Citing Family Commitments

> Heranba Industries CFO Pravin Shetty resigned effective December 31, 2026, citing personal and family commitments.

- Published: 2026-10-26T11:31:06+00:00
- Section: Leadership
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-26/heranba-industries-cfo-pravin-shetty-resigns
- Source: [ScanX](https://scanx.trade/stock-market-news/companies/heranba-industries-cfo-pravin-shetty-resigns-effective-dec-31-2026/54558286)

## Key takeaways

- Pravin Shetty resigned as Heranba Industries CFO effective the close of business on December 31, 2026.
- Shetty cited personal and family commitments and said he substantially completed key assignments over the past 12 months.
- The board accepted the resignation, signed by Company Secretary and Compliance Officer Abdul Latif on October 26, 2026.

[Heranba Industries](https://akta.pro/company-profiles/0002jnt/heranba-industries) Chief Financial Officer Pravin Shetty resigned effective the close of business on December 31, 2026, citing personal and family commitments, the company said. The board accepted the resignation, and Heranba will appoint a successor within timelines set by applicable law, according to [ScanX](https://scanx.trade/stock-market-news/companies/heranba-industries-cfo-pravin-shetty-resigns-effective-dec-31-2026/54558286).

## Shetty's Resignation Letter and Handover

In a resignation letter dated October 26, 2026, Shetty said he has substantially completed key assignments entrusted to him over the past 12 months. He offered to keep supporting the organization until December 31, 2026, or an earlier date if mutually agreed, and committed to full cooperation in handing over his responsibilities.

Shetty asked that his full and final settlement be processed on his last working day, including the performance bonus component of his CTC on a pro-rata basis up to that date, along with all other eligible dues. The company said it will identify a suitable candidate to fill the vacancy within timelines prescribed under applicable laws, and will disclose further updates to stock exchanges under the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Abdul Latif, Company Secretary and Compliance Officer, signed the acceptance on October 26, 2026. Shetty also said a consortium funding exercise is now in its final stages.

## Heranba's Crop Nutrition Push

According to akta.pro [company records](https://akta.pro/company-data), Heranba launched two crop nutrition products, Fentaamine and MycoHil, in April 2026, developed with a leading American multinational company, entering a segment growing at over 15% CAGR. The same records show an April 2026 Vision 2026 strategy targeting Rs 2,500 crore in total turnover and expansion to more than 80 countries, and seven manufacturing facilities. Full-year sales rose 13.14% to Rs 1,594.99 crore even as the company swung to a net loss of Rs 76.42 crore.

## Earlier Leadership and Results Events

Heranba shareholders approved FY26 financials at the 34th AGM on September 28, 2026, with auditors reporting no qualifications, ScanX said. On August 22, 2026, the company appointed Punit H. Vyas as Senior Management Personnel following board approval, ScanX said. Heranba accepted the resignation of Sunil Singh as Vice President – Procurement effective July 31, 2026, ScanX said.

## Next Steps for the CFO Vacancy

Heranba said it will name a new CFO within timelines prescribed under applicable laws and will disclose the appointment to stock exchanges under SEBI rules. Shetty's departure takes effect at the close of business on December 31, 2026.

## Companies in this story

- [Heranba Industries company profile](https://akta.pro/company-profiles/0002jnt/heranba-industries) · website: https://www.heranba.co.in

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