Announced Sat, 14 Mar · 20:57 IST

Intimation for Appointment of Company Secretary and Compliance Officer

Kmp ResignedManagement Changes View source PDF

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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
-9.7%1-day move
₹4.66
prior close
base price
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-9.7-7.5-3.9-7.9-10.3-7.5+7.7+9.7+14.8-4.7
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AI summary

Newtrac Foods & Beverages Ltd (formerly Markobenz Ventures Limited) has proposed the appointment of Mr. Jai Prakash Maurya (Membership No. ACS 77894) as the new Company Secretary of the company. The appointment is being made to fill the vacancy left by the resignation of the previous Company Secretary. The appointment will be finalised and confirmed at the next board meeting. Mr. Maurya has extensive experience in compliance services and meets the eligibility and qualification criteria under the Companies Act, 2013 and SEBI regulations. The intimation has been made under Regulation 30 of the SEBI (LODR) Regulations, 2015.

Likely market impact

This is a routine corporate governance update ensuring the company has a qualified Company Secretary in place, a mandatory role under Indian company law. The timely replacement helps the company maintain regulatory compliance and should have no material impact on the stock price.