Resignation of Mr. Tejas Dawda as the Company Secretary & Compliance Officer of the Company
AKCAPIT · price
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Mr. Tejas Dawda has resigned as the Company Secretary and Compliance Officer (Key Managerial Personnel) of AK Capital Services Limited, effective from the close of business on July 12, 2025, to pursue alternate career opportunities. He confirmed there are no material reasons behind his resignation. The Board has simultaneously appointed Mr. Subodh More (ACS 27577), age 44, as the new Company Secretary and Compliance Officer from the same date, based on the recommendation of the Nomination and Remuneration Committee. Mr. Subodh More is a Commerce graduate, LLB, and Associate Member of ICSI with about 16 years of post-qualification experience in corporate affairs, SEBI compliance, M&A, fund raising, and secretarial audits, having previously worked with listed firms like Future Lifestyle Fashions and Pantaloon Retail. The Board recorded its appreciation for Mr. Dawda's contributions during his tenure.
The change at the Company Secretary level is a routine KMP transition with an experienced replacement appointed immediately, so there is no disruption to compliance functions. Shareholders need not worry as no governance concerns or material reasons were cited for the departure.