Announced Thu, 2 Apr · 15:59 IST

This is to inform that the Ms. Shuba Lakshmanan, Company Secretary & Compliance Officer of the Company has tendered her resignation with effect from April 02, 2026.

Kmp ResignedManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+2.7%1-day move
₹108.50
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+2.7+8.3+5.1+12.4+10.5+20.3+8.8+6.9+2.3-4.1
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AI summary

Ms. Shuba Lakshmanan (ACS: 66801) has tendered her resignation from the position of Company Secretary & Compliance Officer of Prithvi Exchange (India) Ltd, effective from the close of business hours on April 2, 2026. She had submitted her resignation letter on February 18, 2026 citing personal/health reasons as the cause. The company confirmed there are no other material reasons beyond what was stated in her resignation letter. The Managing Director, Pavan Kumar Kavad, signed the disclosure on behalf of the company. The company has not yet announced a replacement for the position.

Likely market impact

The departure of the Company Secretary & Compliance Officer (a Key Managerial Personnel) creates a compliance gap that the company needs to fill promptly to maintain regulatory compliance under SEBI Listing Regulations.