Appointment of Company Secretary and Compliance Officer effective from September 16, 2025.
SAYAJIHOTL · price
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Sayaji Hotels Ltd has appointed Mr. Puneet Karade (ICSI Membership No. A67853) as the new Company Secretary and Compliance Officer effective September 16, 2025. He replaces Mr. Ankur Bindal, who resigned from the position citing personal reasons, with his resignation effective from close of business hours on September 15, 2025. Mr. Karade is an Associate Member of ICSI with a B.Com degree and over 6 years of experience. There is no gap in the role as the appointment coincides with the outgoing CS's exit. The resignation of Mr. Bindal also triggers his cessation as a Key Managerial Personnel of the company.
This is a routine KMP-level transition with no governance red flags — the outgoing CS left for personal reasons and a replacement is already in place, so there is no disruption to compliance functions. No material impact on shareholders or stock price is expected.