Announced Fri, 3 Apr · 15:08 IST

Power & Instrumentation (Gujarat) Limited has informed the Exchange about Change in Company Secretary/Compliance Officer

Kmp ResignedManagement Changes View source PDF

PIGL · price

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Price reaction · full curve 14 horizons · vs prior close
+1.0%1-day move
₹106.94
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+7.1+1.1+3.8+6.9+13.1+4.7+5.7-8.4+6.3
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AI summary

Mr. Maunish Gandhi has resigned from the position of Company Secretary & Compliance Officer of Power & Instrumentation (Gujarat) Limited effective April 03, 2026. The resignation has been submitted citing personal reasons, with no other material reasons mentioned. The Managing Director, Padmaraj Padmnabhan Pillai, has signed the disclosure to the stock exchanges. This is a Key Managerial Personnel (KMP) change disclosed under SEBI LODR Regulation 30.

Likely market impact

The departure of the Company Secretary & Compliance Officer is a routine KMP change. Unless the company appoints a replacement promptly, there may be compliance gaps since this role is mandatory for listed companies. Shareholders should monitor for a replacement appointment.