Golden Tobacco Limited has informed the Exchange about Change in Company Secretary/Compliance Officer
GOLDENTOBC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Golden Tobacco Limited has informed the exchanges that Company Secretary and Compliance Officer Ms. Sarita Pote resigned effective June 17, 2025, citing personal reasons. In her resignation letter, she also flagged that her salary has been pending since May 2024. Ms. Nisha Mittal has been appointed as the new Company Secretary and Compliance Officer effective June 18, 2025, on an engagement of Rs. 45,000 per month. The company continues to be under the Corporate Insolvency Resolution Process (CIRP) since June 2022, with Mr. Vichitra Narayan Pathak acting as the Resolution Professional managing its affairs.
Routine KMP change at a company already under insolvency, unlikely to move the stock. However, the outgoing Company Secretary's note about over a year of unpaid salary highlights the financial stress the company is under, which is relevant for creditors and potential resolution applicants rather than equity shareholders at this stage.