Stel Holdings Limited has informed the Exchange regarding Resignation of Lakshmi P.S. as Company Secretary & Compliance Officer of the company w.e.f. February 28, 2026.
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Ms. Lakshmi P.S. has resigned from her role as Company Secretary and Compliance Officer of STEL Holdings Limited with effect from the close of business hours on February 28, 2026. The reason cited is her relocation to a different state, which would prevent her from continuing in the current role. She confirmed there are no other material reasons for the resignation. Ms. Lakshmi had been with the company for approximately 9 years. The company has yet to announce a replacement for the position.
This is a routine KMP-level resignation for personal reasons (relocation) and is unlikely to materially impact the stock. However, investors should watch for an announcement regarding a new Company Secretary appointment, as the role is critical for regulatory compliance and disclosures.