BSERegency Fincorp LtdMediumNegative
Announced Wed, 9 Apr · 19:02 IST

Announcement for cessation of Internal Auditor of the Company.

Kmp ResignedAuditor Resigned MidtermManagement Changes View source PDF

Price

Loading chart…

▲ 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

Regency Fincorp Limited has informed the stock exchanges that Mr. Prashant Khera has resigned from his position as Company Secretary and Compliance Officer of the company, effective close of business hours on April 9, 2025. Since Mr. Khera also held the additional role of Internal Auditor, his resignation automatically ends his internal audit duties on the same date. The company has stated that the resignation is entirely due to personal reasons and there are no other reasons disclosed. The disclosure has been made under SEBI Listing Regulations (Regulation 30), and the resignation letter along with required annexures have been submitted to BSE. The Managing Director, Mr. Gaurav Kumar, has signed and filed the announcement.

Likely market impact

The company has lost two important positions—a Key Managerial Personnel (Company Secretary/Compliance Officer) and the Internal Auditor—on the same day, which could raise governance and compliance oversight concerns. Retail investors should watch for timely appointment of a replacement, as prolonged vacancies in these roles can affect regulatory filings and audit continuity.