BSEManjeera Constructions LtdMediumNegative
Announced Tue, 20 May · 13:47 IST

Intimation of Resignation of Company Secretary & Compliance officer of the Company - Resignation letter

Kmp ResignedManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Narsimha A. Mettu has resigned as Company Secretary and Compliance Officer of Manjeera Constructions Ltd and its subsidiary Manjeera Retail Holdings Private Limited, citing personal reasons. The resignation is effective from 10 January 2025. The resignation letter is addressed to the Resolution Professional, indicating the company is currently under the Corporate Insolvency Resolution Process (CIRP). No successor has been named in the disclosure.

Likely market impact

Loss of a key compliance officer during an ongoing insolvency resolution process can create governance uncertainty and potentially delay regulatory filings. Shareholders should watch for a timely replacement appointment to ensure continuity of statutory and compliance functions.