BSECraftroot Retail LtdMediumNeutral
Announced Thu, 24 Apr · 18:10 IST

Resignation of Ms. Hiral from the post of Company secretary of the company

Kmp ResignedManagement Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nirbhay Colours India Limited (formerly Parth Industries Limited, Scrip Code: 526349) has accepted the resignation of Ms. Hiral Sumeet Baldaniya from the post of Company Secretary and Compliance Officer, effective April 24, 2025. The resignation was tendered due to personal reasons, as stated in her letter to the Board. The Board meeting held on the same day concluded the matter in about 30 minutes (4:30 PM to 5:00 PM). No replacement appointment was announced in this filing. Note: the headline mentioned Craftroot Retail Ltd, but the actual filing is from Nirbhay Colours India Limited based in Ahmedabad.

Likely market impact

This is a routine KMP-level change at a small-cap company and is unlikely to move the stock price. Investors should watch for a subsequent filing announcing a new Company Secretary, as the position is mandatory for listed companies under the Companies Act.