Clarification for Non-Appointment of Company Secretary within Stipulated Time
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vishvprabha Ventures has informed BSE that it could not appoint a new Company Secretary within the three-month deadline after the previous one resigned on December 5, 2025. The company says it was unable to find a suitable candidate in time and has requested an additional 90 days from the stock exchange to complete the appointment. In the interim, Managing Director Mitesh Jayantilal Thakkar, who is a Chartered Accountant, will handle the Company Secretary's duties along with his own role. The clarification is signed by the Managing Director and dated March 4, 2026.
This reflects a compliance and governance lapse, as the Company Secretary role has been vacant beyond the regulatory deadline, which may draw scrutiny from the exchange. For shareholders, it is a minor negative signal on internal controls, though the company is working to fill the position and has arranged interim coverage.