Ballarpur Industries Limited has informed the Exchange regarding 'Reply to notice dated March 09, 2026'.
Awaiting price reaction for this filing.
Ballarpur Industries has responded to a notice from the stock exchange dated March 9, 2026, regarding a delayed appointment of a Compliance Officer under SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations. The company explained that the vacancy arose and despite multiple interview rounds, several shortlisted candidates withdrew at the final stage for personal and professional reasons. The company has now appointed Ms. Surbhi Dinesh Chachada, a qualified Company Secretary, as the Compliance Officer effective December 31, 2025, making it fully compliant with Regulation 6.
This is a routine governance compliance update with the matter now resolved, so no material impact is expected on the stock. However, the delay in appointing a Compliance Officer reflects a temporary governance lapse that the exchange has noted, which retail investors may want to monitor alongside future compliance disclosures.