Resignation of Company Secretary w.e.f. 16.09.2025
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Shree Securities Ltd's board, at a meeting on 16 September 2025 that lasted just 45 minutes, accepted three resignations effective the same day. Mrs. Priyanka Singh stepped down as Non-Executive Independent Director, Mrs. Varsha Maniar resigned as Company Secretary and Compliance Officer, and Mr. Shubham Gupta resigned as Whole Time Director cum CFO. All three cited personal reasons and other professional commitments and confirmed there were no material reasons beyond those disclosed. The company holds BSE scrip code 538975 and CSE scrip code 10029469.
Losing the CFO, Company Secretary, and an Independent Director on the same day is unusual and may raise governance concerns among shareholders, even though the reasons cited are personal. The company will need to appoint replacements for these key positions quickly to ensure compliance and continuity; the stock could see short-term negative sentiment.