Maharashtra Scooters Limited has informed the Exchange regarding Resignation of Shri Sriram Subbramaniam as Company Secretary of the company w.e.f. July 25, 2025.
MAHSCOOTER · price
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Maharashtra Scooters Limited has informed the stock exchanges about the resignation of Shri Sriram Subbramaniam from the position of Company Secretary and Deputy Nodal Officer. He submitted his resignation letter on 30 April 2025, citing the pursuit of alternate career opportunities outside the organisation. He will be relieved from his responsibilities with effect from the close of business hours on 25 July 2025. The company has confirmed that the Company Secretary is a Key Managerial Personnel (KMP) under SEBI regulations. Maharashtra Scooters is now in the process of identifying and hiring a suitable replacement and will update the exchanges once the vacancy is filled.
This is a routine KMP-level change with the resignation reason being personal career progression rather than any governance concern. Shareholders are unlikely to see any material impact on the stock, though investors may note the transition period until a new Company Secretary is appointed.