Revised Intimation under Regulation 30 of SEBI (LODR) Regulation, 2015 for Resignation of Ms Bharti Chitkara (Company Secretary and Compliance Officer) of the Company
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Rathi Bars Ltd has informed the stock exchanges about the resignation of Ms Bharti Chitkara from the position of Company Secretary and Compliance Officer of the company, in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015. Ms Bharti Chitkara held a key managerial personnel (KMP) role, responsible for ensuring regulatory compliance and corporate governance. The company is required to disclose such resignations to maintain transparency with shareholders. Details regarding the effective date of resignation and reasons, if any, are to be tracked in the formal intimation.
The departure of a KMP is a routine corporate event but the company will need to appoint a replacement soon to avoid any compliance lapses. Short-term governance focus may increase until a new Company Secretary is on board.