Intimation for resignation of Mrs. D. Lakshmi Jyothsna as Company Secretary & Compliance Officer of the company w.e.f. 30-04-2025
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Awaiting price reaction for this filing.
Mrs. D. Lakshmi Jyothsna has resigned as Company Secretary and Compliance Officer of Midland Polymers Ltd effective the close of business hours on April 30, 2025, citing personal reasons. She was classified as a Key Managerial Personnel (KMP) of the company. The Board accepted her resignation at a meeting held on April 30, 2025. To ensure compliance continuity, Managing Director Mrs. Vanaja Veeramreddy (DIN: 07019245) has been temporarily designated as Compliance Officer until a new full-time Company Secretary is appointed. The company has confirmed there are no other material reasons behind her departure beyond personal ones.
This is a routine KMP-level exit with personal reasons cited and no governance red flags. The MD stepping in as interim Compliance Officer ensures regulatory continuity, but the stock is likely to see limited price impact given the small scale of the company.