Resignation of Ms. Deepa as Company Secretary and Compliance officer of the Company
Awaiting price reaction for this filing.
Pressure Sensitive Systems India Ltd announced three resignations in a single board meeting held on 22 November 2025. Ms. Deepa resigned as Company Secretary and Compliance Officer (a Key Managerial Personnel), effective 22 November 2025. Mr. Saurabh (DIN: 10790325) and Ms. Reema Magotra (DIN: 09804839) both resigned as Non-Executive Independent Directors on the same date, citing personal reasons and other professional commitments. The board meeting was brief, running only from 3:45 PM to 4:15 PM. No replacements have been announced in this filing. The company has a registered office in Ahmedabad and its shares trade on BSE under scrip code 526773.
Losing the Company Secretary/Compliance Officer and both Independent Directors on the same day is a significant governance event — the firm must quickly appoint replacements to maintain SEBI-mandated board composition. For shareholders, this cluster of exits in one sitting may raise short-term concerns about stability and oversight, potentially weighing on the stock in the near term.