Change in Company Secretary / Compliance Officer
SIGMAADV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sigma Advanced Systems Limited announced resignation of Mr. Thakur Vishal Singh as Company Secretary & Compliance Officer effective end of May 24, 2026, citing pursuit of a new professional opportunity for career growth. The company appointed Mr. Krishna Chaitanya Sadhu as his replacement effective May 25, 2026. Sadhu is a qualified Company Secretary with 16 years of experience across Real Estate, EPC, FMCG, Business Consulting and Energy sectors. The board meeting also approved re-appointment of Mr. Sivalenka Kalyan Vijay as Non-Executive Independent Director for a second term of 5 years and took note of past non-compliance with SEBI LODR regulations regarding minimum board composition, for which fines were paid.
The resignation and immediate appointment of a new Company Secretary ensures continuity in compliance functions. The governance note regarding past board composition non-compliance may raise some concerns among investors, though the fine has been paid.