Intimation of Resignation of Ms. Swapna Shivashankaran from the post of Company Secretary and Compliance officer with effect from 31st July 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ms. Swapna Shivashankaran has resigned from the position of Company Secretary and Compliance Officer of Nidhi Granites Ltd, effective from the close of business hours on 31st July 2025. She cited professional pursuit as the reason for stepping down. Her resignation was accepted by Mr. Darpan Shah, Managing Director of the company. The Company Secretary is classified as a Key Managerial Personnel (KMP) under the Companies Act, and the filing confirms this is a change in KMP under SEBI LODR Regulation 30. No replacement or interim arrangement has been announced in this filing.
The departure of a Company Secretary and Compliance Officer creates a regulatory compliance gap until a successor is appointed, which is mandatory within six months under the Companies Act. Shareholders should watch for a timely replacement announcement; otherwise, the impact on the stock should be limited as the reason cited is routine career progression.