BSEShri Krishna Prasadam LtdMediumNegative
Announced Thu, 29 May · 16:20 IST

Intimation of Resignation of Company Secretary and Compliance officer of the Company pursuant to Regulations 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Kmp ResignedManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shri Krishna Prasadam Ltd has informed BSE that CS Sourabh Kumar Sharma has resigned from the post of Company Secretary and Compliance Officer, effective from the close of working hours on May 25, 2025. As Company Secretary, he was also a Key Managerial Personnel (KMP) of the company. The reason cited is 'preoccupation and other diverse reasons.' His resignation letter will be formally placed before the Board at the next meeting for acceptance. The Board has recorded its appreciation for his services during his tenure. The company has not yet announced a replacement.

Likely market impact

A Company Secretary is a mandatory KMP under the Companies Act, so the company will need to appoint a replacement within six months to stay compliant. For shareholders, this is a routine KMP-level exit with no operational disruption indicated, though prolonged vacancy could raise minor governance concerns.