Announced Tue, 26 May · 11:02 IST

Intimation Regarding Resignation of the Company Secretary and Compliance Officer of the Company.

Kmp ResignedManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+3.8%1-day move
₹9.72
prior close
₹9.50
base price
In-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.4-0.4-0.4+3.8+2.3+2.9+2.7+1.9+7.0+5.6+5.5-4.2
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AI summary

Mr. Dharmik Ripinbhai Solanki has resigned from his position as Company Secretary & Compliance Officer of Goenka Business & Finance Ltd effective close of business hours on 26th May 2026. The resignation was tendered on 26th May 2026 and accepted by the Board of Directors the same day. Solanki cited personal reasons and pursuit of opportunities outside the company as the cause for leaving. He has confirmed there are no material reasons behind his departure beyond those stated. The company has notified BSE, MCSE, and CSE exchanges as per SEBI Listing Regulations.

Likely market impact

The departure of the Company Secretary & Compliance Officer creates a governance gap requiring prompt replacement to maintain regulatory compliance obligations. Until a new appointee is named, the company must ensure compliance functions remain operational.