Announced Tue, 31 Mar · 09:28 IST

Change in Company Secretary

Kmp ResignedManagement Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+5.2%1-day move
₹388.00
prior close
₹388.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.5+2.8+5.2+7.7+11.6+19.8+22.1+29.8+32.6+31.2+27.6+26.3
Up moveDown movePending
AI summary

Mr. P. R. Sivasankar has resigned as Company Secretary of International Combustion India Ltd for personal reasons, with his exit effective from the close of business hours on March 31, 2026, after serving a three-month notice period. The Board, based on the Nomination & Remuneration Committee's recommendation, has appointed Mr. Kundan Jaiswal (ACS-25867) as the new Company Secretary and Compliance Officer with effect from April 1, 2026. Mr. Jaiswal is a B.Com (Hons.) graduate and an Associate Member of ICSI with over 19 years of diversified experience in listed and unlisted companies across real estate, infrastructure, manufacturing, and railway sectors, with expertise in corporate governance, compliance, mergers, and IPO processes.

Likely market impact

This is a routine KMP succession with an immediate replacement, suggesting no governance concerns. The outgoing CS is leaving on good terms for personal reasons, and the incoming CS brings strong compliance and corporate governance experience, which should ensure continuity in regulatory matters.