BSENivaka Fashions LtdHighNegative
Announced Fri, 25 Jul · 19:15 IST

Intimation of resignation 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.

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Awaiting price reaction for this filing.

AI summary

Nivaka Fashions Ltd has informed the stock exchanges that Ms. Monika Jain has resigned from the post of Company Secretary and Compliance Officer of the company, effective 25 July 2025, citing personal reasons. As a result, she also ceases to be a Key Managerial Personnel (KMP) of the company. The communication was signed by Managing Director Mr. Bhavin Jain and submitted to both BSE and MSEI under Regulation 30 of the SEBI Listing Regulations. No replacement has been announced in this filing, and the company will need to appoint a new Company Secretary and Compliance Officer in due course. The resignation appears routine and is driven by personal reasons rather than any stated governance or performance issues.

Likely market impact

This is a routine KMP-level exit due to personal reasons and is unlikely to materially affect the stock price or operations. Shareholders should watch for a follow-up announcement regarding the appointment of a new Company Secretary, as a listed company cannot remain without one for long under SEBI rules.