Resignation of Mr. Raman Sapra as Company Secretary, Compliance Officer and Nodal Officer of the Company w.e.f. 28 August 2026.
MPSLTD · price
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Mr. Raman Sapra has tendered his resignation from the positions of Company Secretary, Compliance Officer (designated as Key Managerial Personnel), and Nodal Officer of MPS Ltd. The resignation is effective from the close of business hours on 28 August 2026. Raman Sapra cited personal reasons for his departure and will serve the applicable 3-month notice period. He joined the company in September 2022 and has expressed gratitude for the opportunity to work under Chairman & CEO Rahul Arora's leadership. The company has informed the stock exchanges about this change under SEBI Listing Regulations.
The departure of the Company Secretary and Compliance Officer (a Key Managerial Personnel) may raise governance concerns for investors, as this role is critical for regulatory compliance and statutory filings. The effective date is 3 months away, giving the company time to identify and appoint a replacement.