Clarification with respect to omission of Intimation of Resignation of Ms. Deepika Vaid (erstwhile Compliance Officer of the Company).
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Aviva Industries Ltd has clarified to BSE that it inadvertently failed to inform the exchange within the required timeline about the resignation of Ms. Deepika Vaid from the post of Company Secretary and Compliance Officer. Her resignation was effective November 30, 2025, citing personal reasons and pre-occupation. The company described the delay as a pure administrative oversight with no malafide intention or concealment. Aviva has stated it is reviewing internal processes and strengthening compliance monitoring to prevent recurrence. The resignation letter from Ms. Vaid and the required disclosure details under SEBI LODR Regulation 30 have also been submitted.
This is a procedural governance lapse — the company self-disclosed the delay rather than facing regulatory action. Shareholders should note the departure of a key managerial personnel, though the company states no material reasons behind the exit. The incident is unlikely to have a direct impact on stock price but highlights weak internal disclosure controls.