Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 regarding the resignation of CS
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Pasari Spinning Mills Ltd has informed the stock exchanges that Mr. Deepak Kumar Nayak, the Company's Secretary, Compliance Officer, and Key Managerial Personnel (KMP), has resigned with immediate effect from 5th May 2025. The resignation is attributed to personal reasons, with no other reasons disclosed in the resignation letter. The Management has accepted the resignation and confirmed 5th May 2025 as the relieving date. The Managing Director, Krishna Kumar Gupta, has signed and submitted the intimation under SEBI LODR Regulation 30.
The departure of a Key Managerial Personnel may create a short-term governance gap, especially in compliance and secretarial functions, until a replacement is appointed. For shareholders, this is a routine disclosure but worth monitoring for timely appointment of a new Company Secretary.