Intimation of resignation of Company Secretary and Compliance officer w.e.f. 3rd April, 2024.
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Fabtech Technologies Cleanrooms Ltd has informed the BSE that its Company Secretary and Compliance Officer has resigned, with the resignation taking effect from 3rd April 2024. The Company Secretary is classified as a Key Managerial Personnel (KMP) under the Companies Act, 2013. The company has not yet announced a replacement for the role. This is a routine corporate disclosure filed by the company to inform the stock exchange about the change in a key managerial position.
The resignation of a KMP may create a temporary compliance gap, but the Board is required to appoint a new Company Secretary within six months. The stock price impact is generally minimal unless governance concerns emerge from the exit.