Announcement under Regulation 30 (LODR)-Resignation of company Secretary and Compliance Officer
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Prem Shankar Chaudhary has tendered his resignation from the position of Whole-Time Company Secretary, Compliance Officer, and Nodal Officer of Bhagwati Autocast Limited with effect from close of business hours on 30 May 2026. He cited personal reasons for the resignation and confirmed there are no other material reasons beyond what was stated in his resignation letter. The Board of Directors has accepted his resignation and will complete necessary formalities. This is a Key Managerial Personnel (KMP) position under the Companies Act, 2013, and the company has made the disclosure under Regulation 30 of SEBI LODR Regulations, 2015. No immediate replacement has been announced in the filing.
The departure of the Company Secretary and Compliance Officer (both statutory roles) creates a compliance gap that the company needs to fill urgently. Until a replacement is appointed, the company may face challenges in meeting regulatory filings and compliance requirements, which could be a concern for investors.