Why did the CFO resign?

The filing states Kushalappa resigned due to personal commitments. It provides no further detail on the nature of those commitments.

How quickly was the successor appointed?

Mrs. Poornima M was appointed effective June 11, one day after Kushalappa's resignation took effect on June 10.

What is MM Rubber's size and business?

MM Rubber is a nano-cap company with a market capitalisation of about ₹39 crore. It manufactures natural latex foam products.

Does the filing hint at any problems behind the resignation?

No. The stated reason is personal commitments. The rationale adds that it does not indicate any dispute or financial irregularity.

Rubber Products · Micro cap

MM Rubber's CFO quits. The replacement started the next day.

M M Kushalappa left on June 10 citing personal commitments. Mrs. Poornima M was named his successor on June 11.

— 1 earlier story on MM Rubber Company Ltd. →

MMRUBBR-B By Tipsheet Editorial 10 Jun 2026 · 12:28 PM IST Verify on BSE · NSE

Mkt cap₹38.01 cr

ROE0.00%

Debt / eq.0.75

₹39 cr Market capitalisation of the nano-cap manufacturer.

What's new

CFO M M Kushalappa resigned effective June 10, citing personal commitments.
The board appointed Mrs. Poornima M as new CFO effective the next day, June 11.
Kushalappa was a key managerial personnel for the natural-latex foam maker.

Why this matters

The CFO is a key managerial person in a company this size. A resignation without a ready replacement would have raised immediate governance alarms. The one-day handoff turns a potential problem into a procedural footnote.

What we're watching

Mrs. Poornima M's first quarterly financial sign-off.
Any change in the company's financial-reporting posture.
Whether this is the start of a broader management shuffle.

The full read

M M Kushalappa resigned as CFO of MM Rubber. Effective immediately on June 10. By June 11, the board had a replacement. The speed is the news. For a ₹39-crore nano-cap, the CFO is a key managerial person. An unexplained exit would have triggered governance questions. The one-day handoff converts it into a routine filing. The reason given is vague but standard. The company manufactures natural latex foam. It is based in Bangalore. The lack of a gap is the only signal that matters.

Questions answered

Why did the CFO resign?: The filing states Kushalappa resigned due to personal commitments. It provides no further detail on the nature of those commitments.
How quickly was the successor appointed?: Mrs. Poornima M was appointed effective June 11, one day after Kushalappa's resignation took effect on June 10.
What is MM Rubber's size and business?: MM Rubber is a nano-cap company with a market capitalisation of about ₹39 crore. It manufactures natural latex foam products.
Does the filing hint at any problems behind the resignation?: No. The stated reason is personal commitments. The rationale adds that it does not indicate any dispute or financial irregularity.

Mentioned: MM Rubber Company Ltd. · M M Kushalappa · Mrs. Poornima M

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on MMRUBBR-B →

10 Jun 2026 · 12:28 PM IST MM Rubber's CFO quits. The replacement started the next day.
14d ago MM Rubber Company reports routine annual results