Disclosure under Regulation 30 for the resignation from Ms. Neeraj Chugh from the position of Company Secretary & Compliance Officer of the Company.
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Padam Cotton Yarns Ltd has disclosed that Ms. Neeraj Chugh (ACS: 61326) has resigned from the position of Company Secretary & Compliance Officer, effective from the close of business hours on June 20, 2025. The resignation was submitted via email, citing pre-occupancy in other assignments as the reason. The company has filed this disclosure with BSE under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. The resignation letter has been attached to the filing. The company has not yet announced a replacement, which means compliance and shareholder communication duties may be handled temporarily by existing directors until a new Company Secretary is appointed.
Company Secretary is a Key Managerial Personnel role, so the vacancy may cause short-term gaps in regulatory compliance and board coordination until a successor is appointed. However, the reason cited (pre-occupancy) is routine and not indicative of any governance issue, so no major negative impact is expected on shareholders.