Change in Key Managerial Personnel (Company Secretary & Compliance Officer) of the Company
ABDL · price
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Allied Blenders and Distillers has announced a change in the role of Company Secretary and Compliance Officer, effective June 10-11, 2025. Mr. Ritesh Shah has stepped down as Company Secretary and Compliance Officer, but will continue with the company as Chief Legal Officer and part of Senior Management. Mr. Sumeet Maheshwari, a qualified Company Secretary with 24+ years of experience across manufacturing, NBFC, and automobile sectors, has been appointed as the new Company Secretary and Compliance Officer. The change was approved by the Board on the recommendation of the Nomination and Remuneration Committee. The new appointee is not related to any Director of the company.
This is a routine internal KMP reshuffle with continuity in leadership — Ritesh Shah stays on in a senior legal role, and a seasoned compliance professional steps in. No material impact expected on operations or shareholder value.