PSP Projects Limited has informed the Exchange regarding Resignation of Mr Kenan Patel as Company Secretary & Compliance Officer of the company w.e.f. April 27, 2025.
PSPPROJECT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.6 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
PSP Projects Limited has informed the stock exchange that Mr. Kenan Patel has resigned from the position of Company Secretary & Compliance Officer of the company. The resignation will take effect from April 27, 2025. No reason for the resignation has been disclosed in the filing. The company has not yet announced a replacement for the role, which is a key managerial position required under the Companies Act.
The departure of a Key Managerial Personnel may cause short-term governance uncertainty, but is generally a routine change unless reasons point to internal disputes. Investors should watch for a timely replacement announcement to ensure regulatory compliance is maintained.