MEGASTARBSEMegastar Foods LtdMediumNegative
Announced Tue, 5 May · 21:08 IST

Resignation of Company Secretary and Compliance Officer

Kmp ResignedManagement Changes View source PDF

MEGASTAR · price

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▲ 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
₹291.00
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₹291.20
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After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary

Megastar Foods Ltd has announced the resignation of Ms. Deepali Chhabra from the position of Company Secretary and Compliance Officer, who is classified as a Key Managerial Personnel (KMP). She tendered her resignation on May 5, 2026, citing personal reasons, and will be relieved from her duties at the close of business on the same day. A Whole-time Director, Mr. Vikas Gupta, signed off on the intimation to the stock exchanges. The company has indicated that a smooth handover of responsibilities, records, and ongoing assignments will be ensured. This is a standard regulatory intimation under SEBI Listing Regulations.

Likely market impact

The resignation of a KMP such as the Company Secretary can signal internal changes or governance adjustments. While the company cites personal reasons, investors should monitor for the appointment of a replacement, as this role is essential for regulatory compliance and shareholder communications.