BSEAvi Products India LtdMediumNegative
Announced Tue, 28 Oct · 21:33 IST

Intimation of Resignation of Company Secretary and Compliance officer of the Company

Kmp ResignedManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ms. Bijal Yogesh Durgavale has resigned as Company Secretary and Compliance Officer (a Key Managerial Personnel) of Avi Products India Ltd, effective October 28, 2025, to pursue career opportunities outside the company. She is not related to any director, KMP, or promoter of the company and does not hold any shares in it. The company has stated there are no other material reasons for her resignation beyond those stated. The company is currently in the process of identifying a suitable replacement and will inform the stock exchange once the vacancy is filled.

Likely market impact

This is a routine KMP-level exit driven by personal career goals, with no governance red flags — the resigning official is unrelated to promoters and holds no shares. Shareholders should monitor for a timely replacement, as the Company Secretary role is essential for regulatory compliance and timely disclosures to the stock exchange.