BSEQuasar India LtdMediumNeutral
Announced Thu, 5 Mar · 18:24 IST

Announcement under Regulation 30 (LODR) - Resignation of Company Secretary

Kmp ResignedManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Quasar India Ltd has informed the BSE that Ms. Pooja Jain has resigned from the post of Company Secretary and Compliance Officer of the company, effective 5th March 2026. She cited personal reasons, stating she is unable to devote sufficient time to the company. The company has confirmed there are no other material reasons behind her exit beyond what is mentioned in her resignation letter. The disclosure is being made under Regulation 30 of SEBI LODR with full details in Annexure A. The communication is signed by Director Vijayrao More (DIN: 10298894).

Likely market impact

The Company Secretary is a Key Managerial Personnel under the Companies Act, so this is a key compliance role going vacant. The company will need to appoint a replacement soon to meet statutory compliance requirements, otherwise it could attract regulatory scrutiny. Near-term, there may be a brief governance gap, but the exit appears amicable with no stated dispute.