Please find the enclosed update on appointment of company secretary of the company.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Dhyaani Tradeventures has informed the stock exchange that it has been unable to finalize a suitable candidate for the vacant Company Secretary position. The company says the recruitment process is taking longer than expected and it is re-evaluating applicants. It has assured the exchange that it will appoint a Company Secretary as soon as it finds an appropriate candidate. The update is signed by Managing Director Chintan Nayan Bhai Rajyaguru.
The Company Secretary is a mandatory Key Managerial Personnel under the Companies Act, so a prolonged vacancy raises minor governance and compliance concerns for shareholders. However, the company appears to be actively searching, so near-term impact on the stock is likely limited.