Intimation of resignation of CS and Compliance Officer (KMP) of the Company
GUJRAFFIA · price
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Gujarat Raffia Industries Ltd has informed stock exchanges that Mr. Mehulkumar Dulabhai Desai, the Company Secretary and Compliance Officer (a Key Managerial Personnel), has resigned effective August 27, 2025. The reason cited is seeking a role that offers better work-life balance in line with personal priorities. The intimation was filed under SEBI Listing Regulations and signed by Whole Time Director Ms. Sushma Pradeep Bhutoria. No details about a replacement appointment were provided in this filing.
This is a routine KMP-level departure and not a board or CFO/CEO exit, so the direct impact on shareholders is limited. However, the company will need to appoint a new Company Secretary and Compliance Officer promptly to maintain regulatory compliance with stock exchanges and MCA.