DAMODARINDNSEDamodar Industries LimitedHighNegative
Announced Wed, 31 Dec · 18:36 IST

Damodar Industries Limited has informed the Exchange regarding Cessation of Mr Indrajit Kanase as Company Secretary & Compliance Officer of the company w.e.f. December 31, 2025.

Kmp ResignedManagement Changes View source PDF

DAMODARIND · 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

Mr. Indrajit Vilas Kanase has resigned from the post of Company Secretary & Compliance Officer of Damodar Industries Limited, effective December 31, 2025. The reason cited is to pursue career opportunities outside the organization. The company has confirmed receipt of his resignation letter and informed the stock exchanges as required under SEBI LODR regulations. No reason of any governance concern, dispute, or disciplinary action was mentioned in the disclosure. As of the date of the announcement, no replacement has been announced.

Likely market impact

This is a routine KMP-level change with no stated governance concerns. Shareholders should monitor whether the company appoints a replacement Company Secretary promptly, as this role is mandatory under the Companies Act and critical for regulatory compliance and shareholder communications.