Announced Tue, 6 May · 19:28 IST

Change in Directorate and Resignation of Company Secretary & Compliance Officer

Kmp ResignedManagement Changes View source PDF

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

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AI summary

Elegant Marbles & Grani Industries has informed the stock exchange of three board-level changes effective May 2025. Mr. Om Parkash Singal, Independent Director, retires after completing two consecutive five-year terms, with his tenure ending May 8, 2025. Mr. Ketan Chokshi, a Fellow Chartered Accountant and law graduate with over two decades of experience in corporate strategy, M&A, and financial restructuring, has been appointed as Additional Independent Director for a five-year term starting May 9, 2025, subject to shareholder approval. Additionally, Ms. Pooja Ponda, Company Secretary and Compliance Officer, has resigned citing personal reasons, with her last working day being May 31, 2025.

Likely market impact

These are routine governance transitions. The independent director change is a planned rotation, and the new appointee brings strong financial and strategic expertise. The Company Secretary's departure is for personal reasons with no material concerns flagged, though the company will need to appoint a replacement KMP promptly to ensure compliance continuity.