Intimation under Regulation 30 of SEBI (LODR) - Resignation of Company Secretary, Compliance Officer & Nodal Officer of the Company
SETCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Hiren Vala has tendered his resignation from the position of Company Secretary, Compliance Officer (Key Managerial Personnel) and Nodal Officer of Setco Automotive Limited effective May 27, 2026. The resignation is due to professional reasons. The company stated it is in the process of identifying and hiring a suitable replacement and will inform the stock exchanges once the vacancy is filled. Harish Kumar Kiritkant Sheth, Chairman & Managing Director, signed the intimation to BSE and NSE dated May 28, 2026.
The departure of the Company Secretary and Compliance Officer (a KMP) creates a gap in the company's governance and regulatory compliance function. Until a replacement is appointed, the company may face challenges in meeting statutory filing and disclosure requirements, which could attract regulatory scrutiny.