BSEOTCO International LtdHighNegative
Announced Mon, 5 May · 17:03 IST

Please find enclosed intimation of resignation of company secretary and compliance officer.

Kmp ResignedManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Raj Kishor Chourasia has resigned from the post of Company Secretary and Compliance Officer of OTCO International Ltd, effective from the close of business hours on 5th May 2025. He cited personal preoccupation as the reason for his resignation. The company has accepted the resignation, and it will be formally noted in the next Board meeting. The company stated it will make the required disclosure regarding the new appointment at the relevant time.

Likely market impact

Investors should note that the company has a Key Managerial Personnel vacancy that needs to be filled promptly to maintain regulatory compliance. Until a replacement is appointed, there could be some uncertainty around compliance oversight, which may be a minor governance concern for shareholders.