Clarification Letter with regard to the Corporate Announcement filed on 11/04/2025 regarding resignation of Compliance Officer of the Company.
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Lejas Hemantrai Desai resigned as Compliance Officer of Sunrise Efficient Marketing Ltd effective April 11, 2025. The company failed to submit the resignation letter and the related corporate announcement to BSE within the mandatory 24-hour window under SEBI's Listing Regulations. On June 21, 2025 — over two months late — the company wrote to BSE apologizing for the oversight, calling it an 'isolated incident' and assuring future compliance. Shivani Parth Kothari has since stepped in as the new Company Secretary & Compliance Officer (ACS No. 46602).
Delayed disclosure of a Key Managerial Personnel exit is a regulatory lapse and may worry investors about the company's internal compliance systems. While the changeover itself is a routine KMP transition, the late filing raises governance red flags that could invite scrutiny from the exchange.