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A handwritten resignation letter of the Chief Monetary Officer of a listed agency went viral on social media on Friday. Rinku Patel, who was the CFO at paint producer Mitshi India Ltd, had submitted his letter to his managing director on December 15, which the corporate hooked up as a part of its disclosure to the inventory exchanges.
The letter was written on a dominated sheet, which appeared like a web page from a child’s pocket book, a marked departure from the resignation letters often used for official functions.
“With the respect, I hereby inform you that I will probably be resigning from the job of CFO with quick impact on account of my private causes. It was nice pleasure and glorious expertise working for you group,” learn the letter.
“That is to tell that the Board of Administrators (the Board) of the Firm, at its assembly held on 20° December, 2023, Wednesday, has thought of and brought notice of the resignation of Rinku Niket Patel from the publish of Chief Monetary Officer of the corporate. Rinku Niket Patel resigned from the publish of Chief Monetary Officer of the corporate on account of private causes,” stated the corporate in a inventory trade submitting.
At 1400 hours on Friday, the agency’s scrip was buying and selling 6% increased at Rs 23.75.
Netizens had a subject day over the resignation letter and got here up with varied theories about it.
“See, the handwriting is respectable. The chap really wrote it out. Is a straightforward, real fellow. Did not copy paste copious high-sounding stuff from the online. Solely factor is the paper could possibly be a bonded one for influence,” stated one X consumer.
“Is likely to be a well being challenge with the CFO, probably a stroke and so on, and he obtained his child to jot down it, and managed to signal it from a hospital mattress or comparable. I hope that I’m improper, and he’s hale and hearty,” quipped one other X consumer.
“Did he use ChatGPT,” requested one other X consumer.
“The Firm is within the technique of figuring out / appointing a brand new CFO and shall inform the Inventory Exchanges as soon as the place of CFO is crammed up,” Mitshi India instructed bourses.
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