In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform to the Exchange, that ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Tilak Ventures Ltd informed the stock exchange that its Board of Directors, at a meeting held on 12th May 2025, accepted the resignation of Mr. Davendra Kumar (ACS No. A47013) from the post of Company Secretary & Compliance Officer. The resignation is effective from 7th May 2025 and has been attributed to personal reasons. Mr. Davendra Kumar served as a Key Managerial Personnel (KMP) of the company. The Board meeting was short, lasting from 3:00 PM to 3:30 PM. A copy of his resignation letter dated 7th May 2025 was annexed to the filing. The company has not yet announced a replacement for the role.
The departure of a KMP may create a temporary compliance gap, but since the resignation cites personal reasons and the Board has formally accepted it, the impact on shareholders is likely limited. Investors should watch for a timely appointment of a new Company Secretary, as this role is mandatory under the Companies Act, 2013.