Announced Fri, 8 May · 14:55 IST

We are hereby submitting the disclosure for resignaton of Mr. Hobin Duggal from the post of Company Secretary and Compliance Officer w.e.f 08th May, 2026.

Kmp ResignedManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+37.9%1-day move
₹2.32
prior close
₹2.78
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+0.0+0.0+0.0+0.0+37.9+24.1+18.1+12.5+6.9-3.0-5.2-11.2-14.7
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AI summary

Mr. Hobin Duggal (ACS: 55624) has resigned from the post of Company Secretary and Compliance Officer of Crystal Business System Limited with effect from 08th May, 2026. The stated reason is career advancement and professional development. The company has acknowledged the resignation and stated it is in the process of identifying and hiring a suitable replacement. The filing was submitted to both BSE and MSE as per Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Likely market impact

The resignation leaves a compliance role vacant at the company. Until a replacement is appointed, the company may face challenges in meeting regulatory compliance requirements. The stock is unlikely to see major movement from this announcement alone.