Outcome of Board Meeting held today i.e. on 24th April 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of Nirbhay Colours India Limited (formerly Parth Industries Limited) met on April 24, 2025, and accepted the resignation of Ms. Hiral Baldaniya from the post of Company Secretary and Compliance Officer, effective end of business hours on the same day. Ms. Baldaniya cited personal reasons for her exit and no replacement has been announced in this filing. The Company Secretary is a Key Managerial Personnel (KMP) under the Companies Act, 2013. The company has not disclosed any interim arrangement for compliance officer duties.
This is a routine KMP-level exit driven by personal reasons and is unlikely to materially affect the stock price. However, the board must fill the Company Secretary vacancy within six months as required by the Companies Act, so investors should watch for a timely replacement appointment.