Change in Management- Resignation of Company Secretary
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Candour Techtex Limited has informed the stock exchanges that Ms. Shital Gurav, the Company Secretary and Compliance Officer of the company, has resigned from her position. She is classified as a Key Managerial Personnel (KMP) under the Companies Act. Her resignation, tendered via letter dated May 19, 2025, is for personal career reasons — specifically to explore opportunities outside the organization. She has been relieved from her duties with effect from the close of business hours on May 20, 2025. The communication has been signed by Jayesh Ramniklal Mehta, the Managing Director of the company.
This is a voluntary KMP exit for career growth reasons with no governance red flags mentioned. However, the company is required to fill the Company Secretary position within a stipulated time frame under the Companies Act, so shareholders should watch for a replacement appointment in the coming weeks.