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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Magnus Steel and Infra Limited (BSE scrip code 517320) announced that Ms. Sarita Kumari (ICSI Membership No. FCS-57690) has resigned from the post of Company Secretary and Compliance Officer with effect from September 1, 2025, citing personal reasons. She confirmed there are no other material reasons for her resignation. The Board accepted her resignation at the meeting held on September 1, 2025. Until a new Company Secretary cum Compliance Officer is appointed, Managing Director Mr. Karronn Bajaj has been designated as the Compliance Officer for all listing regulation compliance. The company is now without a full-time Company Secretary, a KMP role required under the Companies Act.
This is a routine KMP-level exit with no governance red flags, but the company must appoint a new Company Secretary within the prescribed timeline to stay compliant with the Companies Act and SEBI listing rules. Shareholders should watch for the announcement of a permanent replacement; short-term investors are unlikely to be materially affected.