Updated Board resolution of COmpliance officer as per Board resolution between December 2018 to 15th October 2019. This is updation in Dashboard as triggered .
Awaiting price reaction for this filing.
In a board meeting held on December 3, 2018, Netripples Software Limited accepted the resignation of Mr. M. Chowda Reddy from the position of Company Secretary and Compliance Officer, effective December 1, 2018. The company, which is a small listed entity with paid-up share capital below ₹10 crores, faced difficulty in immediately appointing a qualified Company Secretary. To comply with SEBI (LODR) Regulations, the Managing Director, Mr. Mazhar Pasha, was temporarily appointed as Compliance Officer until a permanent replacement is found. The interim arrangement has been certified by a practicing Company Secretary.
This is a routine compliance update reflecting a change in a key managerial position. The temporary arrangement means the Managing Director will handle compliance duties until a qualified Company Secretary is appointed, which may raise minor governance concerns about the dual role but is not expected to materially affect shareholders or stock price.