Intimation of Company Secretary & Compliance Officer resignation with effect from 15 Aug 2025.
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Awaiting price reaction for this filing.
Mr. Akshay Firodiya has resigned from his role as Company Secretary and Compliance Officer (a Key Managerial Personnel) of Olympia Industries Ltd, effective Friday, August 15, 2025. He cited 'better growth and career opportunity' as the reason and confirmed there are no other material reasons for his departure. The Board has accepted his resignation, and the company has stated that succession planning has been initiated, with a further update to be shared with the stock exchange in due course. The announcement is filed under SEBI LODR Regulation 30 disclosures.
This is a routine KMP-level exit with a standard personal reason and no governance red flags flagged. Shareholders should watch for the company's update on the successor appointment; short-term impact on the stock is expected to be minimal.