MIDWESTLTDNSEMidwest LimitedMediumNeutral
Announced Tue, 26 May · 21:20 IST

Midwest Limited has informed the Exchange about Change in Company Secretary/Compliance Officer

Management Changes View source PDF

MIDWESTLTD · price

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Price reaction · full curve 14 horizons · vs prior close
-5.5%1-day move
₹1256.80
prior close
₹1210.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.5+2.1+2.1+1.3-5.5-2.2-0.5-0.3-0.4-1.7+3.1-0.9-1.1
Up moveDown movePending
AI summary

Midwest Limited's Board of Directors appointed Mr. K. Achyutanand Reddy as Company Secretary and Compliance Officer, designated as Key Managerial Personnel (KMP), effective May 26, 2026. He is a qualified Company Secretary with membership number A44619 and an Associate Member of the Institute of Company Secretaries of India. Mr. Reddy brings over 10 years of experience in Corporate Laws, Corporate Governance, and SEBI-related compliances, having previously worked at Penna Group and Rubamin Private Limited as Manager - Legal & Secretarial. The appointment was made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015. Notably, Mr. Reddy is not related to any Director of the Company.

Likely market impact

This is a routine compliance appointment that ensures the company meets its statutory requirement to have a qualified Company Secretary and Compliance Officer. The appointment of an experienced professional with strong corporate governance background is a positive governance signal, though it is unlikely to have any immediate impact on the stock price.