ESSARSHPNGNSEEssar Shipping Limited· ShippingMediumNegative
Announced Thu, 28 Aug · 18:47 IST

Essar Shipping Limited has informed the Exchange about Change in Company Secretary/Compliance Officer

Kmp ResignedManagement Changes View source PDF

ESSARSHPNG · 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. Bharat Modi resigned as Company Secretary and Compliance Officer of Essar Shipping Limited effective close of business hours on August 28, 2025, citing personal reasons with no other material reasons disclosed. The Board approved the appointment of Mr. Habib Jan (Membership No. A22801) as the new Company Secretary and Compliance Officer effective August 29, 2025. Mr. Habib Jan brings over 20 years of experience in secretarial, compliance, and finance functions and has been associated with the Essar group since 2009, having previously worked with Reliance ADA Group. The change has been intimated to the stock exchanges under SEBI LODR Regulation 30.

Likely market impact

This is a routine key managerial personnel (KMP) transition with an immediate replacement appointed, so it is unlikely to have any material impact on the stock price or business operations. Shareholders should note continuity in compliance oversight given the incoming appointee's long-standing association with the Essar group.