Octaware Technologies Limited submitted a regulatory disclosure to BSE Limited's Listing Compliance Monitoring Team on July 28, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company intimated the resignation of Aabid & Co., Company Secretaries as Secretarial Auditor for the financial year ending March 31, 2026. The resignation took effect from close of business hours on July 27, 2026.
Reason for Resignation
The resignation was attributed to "personal and unavoidable circumstances" according to the company's disclosure. The resignation letter from Aabid & Co. cited "pre-occupancy with other professional commitments" as the reason for their inability to continue as Secretarial Auditor.
Auditor Confirmation
Aabid & Co. confirmed that there were no other material reasons for their resignation beyond those stated in their resignation letter. They also expressed no objection to the company appointing another Practicing Company Secretary Firm to conduct the Secretarial Audit for FY 2025-26.
Company Actions
The Board of Directors will take note of the resignation at its ensuing meeting. The company committed to appointing a new Secretarial Auditor within the time prescribed under SEBI (LODR) Regulations and will intimate the Stock Exchange accordingly.
Annexure Details
Annexure A provides:
- Reason for change: Resignation due to personal reasons
- Date of cessation: 27/07/2026
- Brief profile: Not applicable
- Director relationships disclosure: Not applicable
The resignation was signed by Mohammed Aabid, Partner of Aabid & Co. (Membership No.: F6579, COP No.: 6625, Peer Review No.: P2007MH076700).