ARSSINFRANSEARSS Infrastructure Projects Limited· ConstructionMediumNegative
Announced Tue, 28 Apr · 20:28 IST

ARSS Infrastructure Projects Limited has informed the Exchange regarding Resignation of Mr PRAKASH CHHAJER as Company Secretary & Compliance Officer of the company w.e.f. April 27, 2026.

Kmp ResignedManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Prakash Chhajer has resigned as Company Secretary and Compliance Officer (Key Managerial Personnel) of ARSS Infrastructure Projects Limited, effective from the close of business on April 27, 2026. He tendered his resignation letter on March 7, 2026 citing pre-occupation as the reason. The Board of Directors accepted his resignation via a circulation resolution. Chhajer has confirmed that there are no other material reasons for his departure beyond those stated in his letter. The company is currently in the process of identifying and hiring a suitable replacement for the position.

Likely market impact

The resignation of a Key Managerial Personnel creates a temporary gap in the company's compliance and secretarial functions. While the board has accepted the resignation, investors should monitor how quickly the company appoints a replacement, as prolonged vacancy in this role could raise governance concerns for shareholders.