Jain Resource Recycling Limited has informed the Exchange regarding Resignation of Mr. Bibhu Kalyan Rauta as Company Secretary & Compliance Officer of the company w.e.f. Jun 20, 2026.
JAINREC · price
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Jain Resource Recycling Limited has announced the resignation of Mr. Bibhu Kalyan Rauta from the position of Company Secretary & Compliance Officer, effective June 20, 2026. The Company Secretary role is a Key Managerial Personnel (KMP) position responsible for regulatory compliance, board procedures, and statutory filings under the Companies Act. His departure could create a temporary gap in compliance oversight and governance functions. The company has not yet announced a replacement for this critical role. This is a mid-term resignation notice at the senior management level.
The stock may see minor negative sentiment as the departure of a compliance officer can raise concerns about regulatory adherence and governance continuity. Investors should monitor for a timely replacement announcement to mitigate governance risk.