Intimation of Resignation of Chief Compliance Officer of the Company with effect from 14th May 2025
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Star Housing Finance Ltd has informed the BSE that Mr. Bhanwar Singh Kachhawaha has resigned from the position of Chief Compliance Officer with effect from 14th May 2025. In his resignation letter, Mr. Kachhawaha cited his desire to take on new challenges and indicated that he believed someone else would be better suited for the role. The company has not announced a replacement for the position. The intimation has been made under SEBI Listing Regulations, and the Company Secretary, Mr. Shreyas Mehta, has signed off on the disclosure.
The Chief Compliance Officer is a Key Managerial Personnel (KMP), so this is a key-level exit. Investors should watch for timely announcement of a replacement, as the role is critical for regulatory adherence, especially for an HFC (housing finance company). Short-term governance risk exists until a new CCO is appointed.