Essar Shipping Limited has informed the Exchange regarding Appointment of Mr Habib Jan as Company Secretary & Compliance Officer of the company w.e.f. August 29, 2025.
ESSARSHPNG · price
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Mr. Bharat Modi has resigned from the position of Company Secretary and Compliance Officer of Essar Shipping Limited, effective from the close of business hours on August 28, 2025, citing personal reasons. No other material reasons were disclosed. The Board has approved the appointment of Mr. Habib Jan as the new Company Secretary and Compliance Officer, effective from August 29, 2025, ensuring a one-day seamless transition. Mr. Habib Jan brings over 20 years of experience in secretarial, compliance, and finance functions, has been associated with the Essar Group since 2009, and is a qualified Company Secretary from the Institute of Company Secretaries of India. He was previously involved in key corporate actions such as the delisting of ESPLL, listing of Essar Shipping and Essar Ports, and debt issuances including FCCBs listed on the Singapore Stock Exchange.
This is a routine key managerial personnel change with an immediate internal replacement, suggesting no governance concerns. Shareholders are unlikely to see any material impact on the stock, as the Company Secretary role primarily handles compliance and disclosure functions.