BSEHindusthan Insulators & Industries LtdMediumNegative
Announced Thu, 13 Nov · 17:40 IST

Intimation for resignation of Company Secretary

Kmp ResignedManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hindusthan Urban Infrastructure Limited has informed the stock exchange that the Board has accepted the resignation of Mr. M.L. Birmiwala from the position of President-Finance & Secretary of the company. He had submitted his resignation via email dated 28th August, 2025, and his last working day will be 30th November, 2025. The company has stated that it is currently searching for a suitable replacement and will update the exchanges once the vacancy is filled. The resignation letter and required disclosures under SEBI's Regulation 30 have been attached as Annexure-A to the filing.

Likely market impact

This is the exit of a Key Managerial Personnel (Company Secretary), which is a routine compliance role, but the role also carries President-Finance responsibilities. Investors should watch for timely appointment of a successor to avoid any compliance gaps. The resignation itself is unlikely to materially affect the stock price.