Company Secretary appointment updated in the Dashboard with Board resolution. Share capoital Audit for 3rd Quarter of 2019-20 shows this appointment. Now updated in dashboard too.
Awaiting price reaction for this filing.
The Board of Directors of Netripples Software Limited, at a meeting held on 15th October 2019, appointed Ms. P. Sireesha (an Associate Member of the Institute of Company Secretaries of India, ACS No. 48082) as the Whole-Time Company Secretary and Compliance Officer of the Company. The appointment was made to comply with Section 203 of the Companies Act, 2013 and SEBI's Listing Regulations (LODR), which mandate that listed companies have a qualified Company Secretary. Ms. Sireesha will handle compliance duties including liaising with stock exchanges, SEBI, MCA, and depositories. The certified extract was signed by Mazhar Pasha, Managing Director.
This is a routine regulatory compliance appointment and is unlikely to have any material impact on the stock price or shareholder value, though it may be a positive sign that the company is addressing prior compliance gaps by filling the mandatory Company Secretary role.