Onix Solar Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/08/2025 ,inter alia, to consider and approve To take note of resignation ....
Awaiting price reaction for this filing.
Onix Solar Energy has called a board meeting on August 8, 2025. The board will take note of the resignation of the current Company Secretary and appoint a replacement. It will also accept the resignation of the Statutory Auditor and appoint a new one. Both the Company Secretary and the Statutory Auditor are being changed in a single meeting, which is unusual and suggests internal changes rather than routine rotation. The intimation has been signed by Managing Director Harpreet Singh.
Simultaneous resignations of the Company Secretary (a Key Managerial Personnel) and the Statutory Auditor in one board meeting is a red flag for retail investors, as it can indicate governance or compliance concerns. Investors should watch the August 8 meeting outcome closely and review the reasons for these exits before making decisions.