Resignation of CS and Compliance Officer (KMP) of the Company
GUJRAFFIA · price
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Mr. Mehulkumar Dulabhai Desai has resigned from the position of Company Secretary and Compliance Officer, who is also a Key Managerial Personnel (KMP) of Gujarat Raffia Industries Limited. The resignation takes effect from August 27, 2025. The reason cited is personal — seeking a role that offers a better work-life balance aligned with his current personal priorities. The company has disclosed this under SEBI Listing Regulations and attached the resignation letter. No details on an immediate replacement have been provided in this filing.
This is a routine KMP-level resignation driven by personal reasons and is unlikely to have a material impact on the company's operations or stock price. However, the company must appoint a new Company Secretary within the regulatory timeline (usually 6 months) to remain compliant.