Key Event Details
- Ms. Chanchal Khandelwal (ACS: 52790) resigned as Company Secretary & Compliance Officer
- Resignation email received October 30, 2026 at 11:17 PM after business hours
- Effective date of resignation: Close of business hours on October 31, 2026
- Reason for resignation: Better career opportunity
- Actual disclosure to BSE made on November 06, 2026 at 08:27:10 PM
Reasons for Delay
1. Management initiated retention discussions with Ms. Khandelwal to persuade her to reconsider resignation
2. Company misinterpreted SEBI timelines: believed 7-day period under Para A(7C) applied to resignation intimation rather than 24-hour requirement under Para A(7)
3. Company is newly listed on BSE SME Platform (listed September 18, 2026)
4. Delay characterized as bona fide and unintentional technical lapse
Corrective Measures
- Company committed to strengthening internal compliance and reporting mechanisms
- Ensuring future Regulation 30 disclosures within prescribed timelines regardless of internal discussions
- Process underway to identify and appoint qualified Company Secretary within time prescribed under Regulation 6(1A) of SEBI Listing Regulations and Section 203 of Companies Act, 2013
- Will intimate Exchange of new appointment in due course
Additional Details
- Company CIN: U13999DL2024PLC427903
- Corporate Office: B-806, Titanium Business Park, Makarba, Ahmedabad-380051
- Managing Director: Mr. Sanjay Gupta (DIN: 10537809)
- Document digitally signed by Sanjay Gupta on November 10, 2026 at 23:26:45