Resignation of company secretary Mr. Rishi Upadhaya
NGIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Rishi Upadhaya has resigned from the post of Company Secretary and Compliance Officer (Key Managerial Personnel) of Nakoda Group of Industries, effective from the closing business hours of 19th September 2025. He cited personal career goals and new opportunities outside the company as the reason for stepping down. The company acknowledged there was a delay in filing the intimation with the stock exchanges due to a software error during PDF merging, though the resignation was filed with MCA/ROC in form DIR-12 on the same day. The company has not yet announced a replacement for the role.
This is a routine KMP-level exit with a non-controversial reason (career move), so direct impact on shareholders is minimal. However, investors should watch for a timely appointment of a new Company Secretary, as this position is mandatory under SEBI listing rules and any prolonged vacancy could attract compliance concerns.