Termination of Company Secretary cum Compliance Officer.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Grovy India Ltd has terminated the services of Ms. Megha Mishra, its Company Secretary and Compliance Officer, effective November 17, 2025. The Board took this decision citing misconduct, including unprofessional behaviour, lack of follow-through on responsibilities, and unwillingness to align with company procedures. To ensure continuity in compliance functions, Director Mr. Prakash Chand Jalan will serve as the interim Compliance Officer until a replacement is appointed. The company stated it will initiate the process for appointing a new Company Secretary in line with statutory requirements.
This is a governance-related event where a Key Managerial Personnel has been removed for misconduct. While such terminations can raise short-term governance concerns, the company has put an interim arrangement in place. Shareholders should watch for the appointment of a permanent replacement, which will be needed to avoid any compliance gaps.