Announced Sat, 24 May · 13:41 IST

The Resignation of Mr. Ajay Kumar Poddar as additional Non-Executive Director of the Company with effect from 23rd May, 2025

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mefcom Capital Markets Ltd has informed the BSE that Mr. Ajay Kumar Poddar (DIN: 00177384) has resigned from his position as Additional Non-Executive Independent Director, effective 23rd May 2025. The resignation was tendered due to personal reasons, and no other reasons were disclosed. The Board accepted the resignation at its meeting held on 23rd May 2025. The company has filed this under SEBI Listing Regulations (Reg. 30). Vijay Mehta continues as Managing Director of the company.

Likely market impact

This is a routine board-level change with no operational or financial impact mentioned. Since the resignation is for personal reasons and the director was non-executive, shareholders are unlikely to see any material effect on the business or stock price.