Announced Sat, 10 Jan · 15:52 IST

Laxmipati Engineering Works Limited has submitted Intimation for Resignation of Company Secretary w.e.f. January 10, 2026.

Kmp ResignedManagement Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Laxmipati Engineering Works Limited, at its meeting held on January 10, 2026, accepted the resignation of Ms. Darshana Hareshbhai Gorasiya (ACS: 73274) from the post of Company Secretary & Compliance Officer, effective close of business hours on January 10, 2026, citing personal reasons. In her place, the Board appointed Ms. Payu Bhardwaj (ACS: 79654) as the new Company Secretary & Compliance Officer, effective January 11, 2026, ensuring a seamless one-day transition. Ms. Payu Bhardwaj is an Associate Member of the ICSI and a Commerce Graduate from Veer Narmad South Gujarat University, with experience in corporate secretarial compliances under the Companies Act, 2013 and SEBI Regulations. The Board meeting lasted just 30 minutes and the filing was signed by Director Rakesh Govindprasad Sarawagi.

Likely market impact

This is a routine key managerial personnel change at the Company Secretary level with an immediate replacement already in place. No material impact is expected on the company's operations, governance, or shareholders.