This intimation is with respect to query raised by exchange. Kindly find attached details of Appointment of Company Secretary and Compliance Officer with effect from 01/04/2024
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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.
Visagar Financial Services has appointed CS Pushparaj Kumar Gupta (ICSI Membership No. A63017) as the Company Secretary and Compliance Officer effective 1st January 2024, based on the recommendation of the Nomination and Remuneration Committee. He is an Associate Member of ICSI with experience in Companies Act, Listing Regulations and allied laws. The board approved this in a meeting held on 1st January 2024. This filing is a re-submission because the original announcement was not made within the 12-hour timeline required by SEBI's Listing Regulations, and the exchange flagged this as a discrepancy.
This is a routine KMP appointment with no material impact on shareholders or stock price. However, the late original filing (discovered only in April 2025 for a January 2024 appointment) points to weak compliance processes and may attract regulatory scrutiny.