BSESai Capital LtdHighNegative
Announced Mon, 11 May · 16:20 IST

Intimation regarding resignation of Mr. Sachin Chauhan from the post of Company Secretary of Material Subsidiary of the Company

Kmp ResignedManagement Changes View source PDF

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₹153.00
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AI summary

Sai Capital Limited has disclosed the resignation of Mr. Sachin Chauhan from his position as Company Secretary (Key Management Personnel) of its Material Subsidiary, M/s. Butterfly Ayurveda Private Limited. Chauhan tendered his resignation on April 09, 2026, citing pursuit of better career growth and opportunities. The Board of Butterfly Ayurveda accepted the resignation in its meeting on May 11, 2026, and he will be relieved from duties effective close of business hours on the same date. The disclosure was made under Regulation 30 of SEBI LODR Regulations, 2015.

Likely market impact

The resignation of a Key Management Personnel from a material subsidiary may create a temporary gap in compliance and secretarial functions at the subsidiary level. Shareholders should monitor for timely appointment of a replacement to ensure smooth governance continuity.