Resignation of Director
Price
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Awaiting price reaction for this filing.
Risa International Ltd's board met on 29th May 2025 and approved the audited financial results for the quarter and full year ended 31st March 2025. In the same meeting, the board appointed Suprabhat Chakraborty (Practicing Company Secretary) as Secretarial Auditor for a 5-year term (FY2025-26 to FY2029-30) and M/s Abhishek R Jain & Co. as Internal Auditor for FY2025-26. Whole-time Director Arihant Jain (DIN: 03288261) tendered his resignation citing personal pre-occupations elsewhere, effective 2nd June 2025. No reason of governance concern or audit-related issue was flagged in his resignation letter.
The exit of a Whole-time Director, who is a Key Managerial Person, may prompt short-term governance questions, though the stated reason is personal. Investors should look for a timely replacement announcement before the AGM to ensure continuity in management.