Intimation Under Reg 30 of SEBI LODR 2015- Resignation of Company Secretary and Compliance Officer
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Akar Auto Industries Ltd has informed the stock exchange that Mr. Radhyeshyam Rathi (ICSI Membership No: A71989) has resigned from the position of Company Secretary and Compliance Officer, effective from the close of working hours on June 19, 2025. The company has accepted his resignation, which was attributed to personal reasons. In his resignation letter dated May 5, 2025, Mr. Rathi mentioned wanting to pursue new skills and growth opportunities after approximately 9 years of service with the company. The disclosure was made by Pawan Kumar Gupta, Chief Financial Officer, under Regulation 30 of SEBI LODR Regulations, 2015.
The departure of the Company Secretary and Compliance Officer creates a temporary vacancy in a key managerial role. While the resignation appears amicable and driven by personal career goals, shareholders may want to monitor how quickly the company appoints a replacement, as this position is critical for regulatory compliance and shareholder communications.