Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vishal Fabrics Ltd has disclosed the resignation of Mr. Dipex Modi from his position as Manager (Accounts), who is classified as Senior Management Personnel (SMP). The resignation became effective from March 23, 2026. According to the filing, Mr. Modi resigned to transition to a new role within the Chiripal Group, the parent company. The company has acknowledged a delay in submitting the required disclosure and has provided the clarification in response to a BSE discrepancy remark that pointed out missing details under the November 2024 SEBI circular. The detailed Annexure A as required under Regulation 30 and Schedule III of SEBI LODR Regulations has been attached.
The resignation of a senior management personnel, though attributed to an internal transition within the Chiripal Group, may cause minor concerns about continuity in the accounts function. The delay in disclosure also raises minor compliance concerns.