Intimation of Resignation of Company Secretary and Compliance Officer (Key Managerial Personnel) pursuant to Regulation 30 of SEBI LODR Regulations 2015
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Steelco Gujarat Ltd has informed the stock exchanges that Mr. Parag Dave, the Company's Secretary and Compliance Officer, has resigned with effect from the close of business hours on 14th November 2025. The Board accepted his resignation at its meeting held on the same day (12:30 p.m. to 4:30 p.m.). In his resignation letter, Mr. Dave cited personal reasons, specifically his inability to relocate permanently to Vadodara, as the reason for stepping down. No replacement has been announced as part of this filing.
The company has lost a Key Managerial Personnel (KMP) without an immediate successor named, which could raise short-term governance and compliance concerns for shareholders. However, the resignation is for personal reasons rather than any governance dispute, which limits the negative implications.