RPSGVENTNSERPSG VENTURES LIMITEDHighNegative
Announced Mon, 30 Mar · 12:21 IST

RPSG VENTURES LIMITED has informed the Exchange regarding Outcome of Board Meeting held on March 30, 2026.

Kmp ResignedManagement Changes View source PDF

RPSGVENT · price

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Price reaction · full curve 14 horizons · vs prior close
+13.9%1-day move
₹825.25
prior close
₹786.65
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.0-0.0-0.3+13.9+25.9+36.1+32.4+23.8+17.4+5.9+3.2+12.3+2.3
Up moveDown movePending
AI summary

The board of RPSG Ventures Limited met on March 30, 2026 and approved a leadership reshuffle effective April 1, 2026. Mr. Sudip Kumar Ghosh resigned as Company Secretary on March 31, 2026, and was simultaneously appointed as Additional Director and Whole-time Director (Key Managerial Personnel) for a 3-year term starting April 1, 2026, subject to shareholder approval. He has 33+ years of experience in financial management and has served as the company's Company Secretary for the past 8 years. To fill the vacancy, Mr. Sayak Chatterjee, a member of the Institute of Company Secretaries of India with 18 years of corporate governance experience, was appointed as the new Company Secretary and KMP, and also nominated as Nodal Officer under IEPF Rules. The board composition remains at 6 directors including the Chairman Dr. Sanjiv Goenka and 3 independent directors.

Likely market impact

This is an internal management transition with no negative implications. An existing insider is being elevated from Company Secretary to Whole-time Director, ensuring continuity, and a qualified replacement has been named. Shareholders will need to approve Ghosh's director appointment at the next general meeting, but routine changes like these typically have minimal impact on the stock price.