Radha Madhav Corporation Limited has informed the Exchange regarding 'Clarification regarding Resignation of Company Secretary and Compliance Officer'.
Awaiting price reaction for this filing.
Radha Madhav Corporation has clarified to the exchanges that the resignation of its Company Secretary and Compliance Officer, Chandni Peswani, was due to personal reasons. She had stepped down from the post effective March 7, 2025. The NSE and BSE had written to the company on July 15, 2025, asking why she resigned, prompting this clarification. A signed letter from the former Company Secretary confirming the personal reasons has been attached. The filing was signed by Nitin Jain, Director and CFO of the company.
This is a routine clarification on a resignation that is already over four months old and was attributed to personal reasons, not any governance, audit, or financial concern. It is unlikely to have any material impact on the stock price or shareholders.