Appointment of Company Secretary and Compliance Officer
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Vishal Fabrics Ltd has appointed Mr. Dilipkumar Gajanand Nikhare as the new Company Secretary and Compliance Officer, designated as Key Managerial Personnel (KMP), effective July 11, 2025. Mr. Nikhare is a qualified Company Secretary (ACS No. 45570) with a Bachelor of Law and Commerce degrees and over 8 years of experience in secretarial, legal, FEMA, SEBI listing compliance, and Companies Act matters. He has previously worked at listed companies including Asian Granito India, Terce Laboratories, Solex Energy, and Polylink Polymers. The appointment was approved by the Board based on the recommendation of the Nomination and Remuneration Committee. He is not related to any Director, KMP, or Promoter, and holds no shares in the company.
This is a routine KMP appointment and likely reflects filling or strengthening of the compliance function. No material impact expected on the stock price; it ensures the company meets its SEBI Listing Regulations compliance requirements.