Resignation of Ms. Shivani Kawle, Manager & Company secretary effective end of business hours of June 02, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.3 pts more than Nifty Microcap 250 and 4.3 pts more than its Residential, Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Ms. Shivani Kawle has resigned from her dual role as Manager and Company Secretary of IITL Projects Ltd, effective end of business hours on June 02, 2025. She submitted her resignation letter on April 03, 2025, citing a 'better opportunity' as the reason. She served a 60-day notice period as per the company's HR policy and committed to ensuring a smooth transition. The resignation has been accepted by the Management. No replacement appointment has been announced in this filing.
The departure of a key managerial personnel in a compliance-critical role (Company Secretary) may raise short-term governance and compliance oversight concerns until a replacement is appointed. However, since she served full notice and assisted in transition, disruption risk is limited. Investors should watch for any forthcoming announcement of her successor.