List of Key Managerial Personnel to determine materiality of an event or information and for the purpose of making disclosures to the Stock Exchanges.
AKCAPIT · price
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AK Capital Services has reported a change in its Company Secretary and Compliance Officer role. Mr. Subodh More stepped down from the position effective the close of business hours on January 7, 2026. In the same board meeting, Ms. Chaitali Desai was appointed as the new Company Secretary and Compliance Officer, also effective January 7, 2026. This was disclosed under SEBI LODR Regulation 30(5), which requires companies to maintain a list of Key Managerial Personnel (KMP) authorised to determine materiality of events and make stock exchange disclosures. The rest of the KMP list – Managing Director Mr. A.K. Mittal, Whole-time Director Mr. Ashish Agarwal, and CFO Mr. Mahesh Bhootra – remains unchanged, meaning the top leadership team is stable.
This is a routine back-office compliance change with no impact on the company's top leadership or financial decision-making. A replacement was appointed on the same day, so continuity in disclosures and compliance is maintained — unlikely to have any material effect on the stock price.