Announced Sat, 23 May · 14:26 IST

Appointment of Mr. Rakesh Kothari as company secretary and compliance officer

Management 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 14 horizons · vs prior close
-2.7%1-day move
₹0.37
prior close
₹0.36
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.8+0.0+0.0+2.8-2.7-2.7+0.0-5.4-2.7-5.4+0.0-10.8-10.8
Up moveDown movePending
AI summary

Maharashtra Corporation Ltd has appointed Mr. Rakesh Kothari as Company Secretary and Compliance Officer, designated as Key Managerial Personnel (KMP), effective May 23, 2026. The appointment was made based on the recommendation of the Nomination and Remuneration Committee and approved by the Board of Directors. Mr. Kothari is an Associate Member of the Institute of Company Secretaries of India with experience in Companies Act, Listing Regulations, and allied laws. The company has filed this intimation pursuant to Regulation 30 of the SEBI Listing Regulations. The filing is signed by Director Tilokchand Kothari.

Likely market impact

This is a routine KMP appointment that ensures the company meets its statutory compliance requirements under SEBI Listing Regulations. The appointment fills a critical governance role and should have a neutral to slightly positive impact on the stock, as it demonstrates the company is maintaining proper compliance infrastructure.