Announced Fri, 23 May · 19:57 IST

Ms. Reetika Pant (FCS No. 12075) relinquished her position of Company Secretary and Compliance officer (KMP) of the company w.e.f. the close of business hours on 23rd May, 2025.

Kmp ResignedManagement Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Machino Plastics informed the stock exchange that Ms. Reetika Pant has stepped down as Company Secretary and Compliance Officer (a Key Managerial Personnel) with effect from the close of business hours on 23rd May 2025, citing changed roles and responsibilities. In the same board meeting, the company appointed Ms. Sandhya Kumari (already with the company as Deputy Company Secretary) as the new Company Secretary and Compliance Officer from the same date. Additionally, the board approved M/s A K Associates as the new Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval at the next AGM.

Likely market impact

This is a routine KMP transition with an internal replacement (Deputy CS promoted to CS), so it is unlikely to materially affect the stock price. The appointment of a new secretarial auditor for a 5-year term provides continuity in governance oversight, which is a neutral-to-positive governance signal for shareholders.