Announced Fri, 15 May · 19:17 IST

Retirement of Mr. Bhalchandra Madhav Raul as Company Secretary and Compliance officer and appointment of Mr. Nishant Shirke as Company Secretary and Compliance Officer of the Company.

Kmp ResignedManagement Changes View source PDF

EMKAY · price

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Price reaction · full curve 14 horizons · vs prior close
+12.1%1-day move
₹194.50
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₹200.81
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After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary

Emkay Global Financial Services has announced a change in its Company Secretary and Compliance Officer position. Mr. Bhalchandra Madhav Raul retired on May 15, 2026, upon reaching the age of superannuation after serving the company for almost 10 years. The board expressed sincere appreciation for his outstanding contributions during his tenure. Mr. Nishant Shirke has been appointed as his successor effective May 16, 2026. Mr. Shirke is a Commerce and Law graduate with over 17 years of experience in legal, secretarial, and compliance functions, having previously worked at companies like Mahindra & Mahindra Financial Services Limited and RBL Bank Limited.

Likely market impact

This is a routine succession change at the KMP level with a smooth transition plan in place. The appointment of an experienced professional as Company Secretary ensures continuity in corporate governance and regulatory compliance functions. Minimal impact expected on operations.