Intimation of Resignation of Company Secretary and Compliance Officer
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Awaiting price reaction for this filing.
Radix Industries (India) Ltd informed the stock exchange about the outcome of its board meeting held on August 4, 2025. The board approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) along with the limited review report. It accepted the resignation of P. Lenin Babu as Company Secretary and Compliance Officer, effective from the close of business on August 4, 2025, citing personal reasons. The board also appointed K.S. Gaurav Tummala as the new Company Secretary and Compliance Officer with effect from August 5, 2025. Additionally, the board approved the appointment of M/s. P S Rao & Associates as Secretarial Auditor for a five-year term and cleared the incorporation of a Wholly Owned Subsidiary in the United States.
The change at the Company Secretary position is a routine KMP transition with an immediate replacement in place, so it should not materially affect shareholders. The proposed USA subsidiary marks an international expansion step that investors may watch for future updates.