BSECargotrans Maritime LtdMediumNeutral
Announced Mon, 16 Mar · 18:31 IST

Disclosure under Regulation 30(5) of SEBI (LODR) Regulations, 2015.

Kmp ResignedManagement Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+5.2%1-day move
₹143.50
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.2+7.2+5.9+2.4+6.6+5.4+1.0+7.0+4.5-19.9
Up moveDown movePending
AI summary

Cargotrans Maritime Ltd informed BSE about a change in the position of Company Secretary & Compliance Officer. Mr. Mahek Jitendra Kasta resigned from the role effective end of business hours on March 16, 2026, citing personal reasons. The board has appointed Ms. Bhoomi Rashmin Naygandhi as the new Company Secretary & Compliance Officer effective March 17, 2026. She is an Associate Member of the Institute of Company Secretaries of India (ICSI) with proficiency in Company Law and Securities Law compliances. The board also updated the list of Key Managerial Personnel authorised to determine materiality of events, which includes the Managing Director, Whole-time Directors, CEO, CFO, and the newly appointed Company Secretary.

Likely market impact

This is a routine Key Managerial Personnel change with an immediate replacement, so it is unlikely to have any meaningful impact on the stock price or shareholder value. No governance concerns are flagged.