Mahindra Lifespace Developers Limited has informed the Exchange regarding Resignation of Ms BIJAL PARM as Company Secretary & Compliance Officer of the company w.e.f. April 24, 2025.
MAHLIFE · price
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Mahindra Lifespace Developers has informed the stock exchanges that Ms. Bijal Parm has resigned from her position as Company Secretary and Compliance Officer of the company. Her resignation takes effect from April 24, 2025. No reason for the resignation has been disclosed in this filing. The Company Secretary is a Key Managerial Personnel (KMP) under the Companies Act, 2013. The company will need to appoint a replacement within the stipulated timeline prescribed by law.
Routine senior management change. Company Secretaries are KMP-level officers, and while this is not unusual, shareholders may watch for the appointment of a successor to ensure compliance functions continue smoothly. Short-term impact on stock price is expected to be minimal.