Vidya Wires Limited has informed the Exchange about Resignation of Director/KMP/SMP
VIDYAWIRES · price
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Mr. Alpesh Somjibhai Makwana has tendered his resignation from the position of Company Secretary & Compliance Officer of Vidya Wires Limited, effective from closing business hours on May 12, 2026. The Board of Directors accepted his resignation via a resolution passed on the same day. Makwana served in this role from August 29, 2024 to May 12, 2026 (approximately 1 year and 8 months). He cited personal and professional aspirations as the reason, stating there is no other material reason for his departure. A relieving letter was issued by the company confirming his tenure. The company will need to intimate the Registrar of Companies, stock exchanges, and deposositories about this change in Key Managerial Personnel.
The resignation of a Company Secretary, who is a Key Managerial Personnel (KMP) under the Companies Act, could raise compliance and governance concerns for investors as this role is critical for regulatory filings and stock exchange compliance of listed companies.