Hardik Dhebar has resigned from his position as chief financial officer (CFO) of Delta Corp, effective 16 August 2023. Dhebar, who has been with the company for 15 years, has decided to step down from his role to pursue other opportunities.
The company's board and management team have already begun the process of identifying a suitable replacement for Dhebar.
Dhebar's resignation letter, which was received on 4 August 2023, marks the end of his term as a key managerial personnel as per the provisions of Section 203 and other applicable provisions of the Companies Act, 2013.
Delta Corp is the only listed company engaged in the casino (live, electronic and online) gaming industry in India. The company is engaged in diversified segments like casino gaming, online gaming, hospitality and real estate.
The gaming and casino firm's consolidated net profit grew by 18.9% to Rs 67.91 crore on 9% increase in revenue to Rs 272.80 crore in Q1 FY24 over Q1 FY23.
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