BSERaconteur Global Resources Ltd· RetailingHighNegative
Announced Thu, 4 Sept, 2025 · 16:24 IST

Termination of service of Mr. Anurag Garg (M. No. A73989) from position of Compliance Officer and Company Secretary with immediate effect as he found in stealing & transferring of data to 3rd Party.

Kmp ResignedManagement Changes View source PDFExplain this filing

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₹13.00
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Nifty Microcap 250market · in no size index; the smallest one is used-0.0%+3.5% vs market
Speciality Retail peers, median of 17sector-0.3%+3.8% vs sector

On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 3.8 pts more than its Speciality Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Raconteur Global Resources Ltd has terminated Mr. Anurag Garg, its Compliance Officer and Company Secretary, with immediate effect from 4th September 2025. The termination was carried out because he was allegedly found stealing and transferring company data to a third party. The matter has been referred to the police for investigation and to the Disciplinary Committee of ICSI (Institute of Company Secretaries of India) for further action. The disclosure was signed by Surinder Kalra, Whole-Time Director of the company, which is listed on BSE under scrip code 541703. No replacement has been announced in this filing, and the company has indicated further updates will follow.

Likely market impact

This is a serious governance red flag for shareholders, as it involves alleged data theft by a key compliance officer and potential police action, which could raise concerns about internal controls and may negatively impact investor confidence in the stock.