Announcement under Regulation 30(LODR) - Clarification on additional Details required for Tenure completion of independent director & Cessation of Company Secretary.
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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.
Times Green Energy (India) Ltd has filed a clarification with BSE after the exchange flagged a discrepancy in its earlier corporate announcement. The company confirms that Independent Director Mrs. Padma Priyanka Vangala ceased to hold office on October 21, 2025, after completing her second consecutive 5-year term. The company admits it missed the SEBI-mandated 24-hour intimation window for this cessation, citing inadvertence. Separately, Company Secretary and Compliance Officer Mr. Abhishek Reddy Rachur resigned effective January 1, 2026, citing a better opportunity, with the disclosure made on January 3, 2026. The company has assured the exchange that such delays will not recur.
Shareholders should note a Key Managerial Personnel (Company Secretary) has resigned, and the company has acknowledged a compliance lapse in timely disclosure to the exchange, which may raise minor corporate governance concerns. However, the independent director's exit is routine (end of tenure), not indicative of any dispute or controversy.