BSERaideep Industries LtdMediumNegative
Announced Thu, 13 Nov · 18:37 IST

Resignation of Company Secretary and Compliance Officer

Kmp ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Raideep Industries Ltd has informed the stock exchanges that Ms. Ruchi Chordia (ICSI Membership No. A67103) has resigned from the position of Company Secretary and Compliance Officer, effective November 13, 2025, citing personal reasons. The resignation was taken on record at a board meeting held the same day, which also covered routine quarterly compliance items such as trading window closure, investor complaints, shareholding pattern, and corporate governance non-applicability certificates for the quarter ended September 30, 2025. The company qualifies for exemption from several SEBI disclosure requirements as its paid-up capital (Rs. 550.80 lakhs) and net worth (Rs. 748.42 lakhs) fall below prescribed thresholds. No replacement for the Company Secretary role has been announced yet.

Likely market impact

This is a routine KMP-level change at a small-cap company and is unlikely to materially affect stock price, though investors may watch for timely appointment of a new Company Secretary, as the role is mandatory under the Companies Act and any prolonged vacancy could attract compliance scrutiny.