Compliance Officer change: Ishita Kokare resigns, Sarang Deshpande appointed
Divgi TorqTransfer Systems announced two changes in its compliance role, both effective Friday, October 30, 2026.
By ScoutQuest · · 2 min read
- Effective date
- Friday, October 30, 2026
- Compliance Officer resignation
- Ms. Ishita Kokare (ACS 81144) has resigned as Compliance Officer
- New Company Secretary and Compliance Officer
- Mr. Sarang Deshpande (A18613) has been appointed Company Secretary and Compliance Officer, in whole-time employment, designated KMP and SMP.
What has been announced
The Board of Divgi TorqTransfer Systems has approved two connected changes in the company's compliance function, both effective from Friday, October 30, 2026.
- Ms. Ishita Kokare (ACS 81144) has resigned from the post of Compliance Officer. The Board has accepted and noted her resignation, and she ceases to be Compliance Officer effective from the closing of Friday, October 30, 2026.
- She will, however, continue with the company as the Assistant Company Secretary.
- The company placed on record its appreciation for her contribution during her tenure.
Who is the new Compliance Officer
- The Board considered and approved the recommendation of the Nomination and Remuneration Committee to appoint Mr. Sarang Deshpande (A18613) as the Company Secretary and Compliance Officer.
- His appointment is effective from Friday, October 30, 2026.
- He will be in whole-time employment with the company and has been designated as Key Managerial Personnel (KMP) and Senior Management Personnel (SMP).
His background, as set out in the update
- He is a qualified Company Secretary with over 20 years of experience in company secretarial, legal and statutory compliance functions.
- He has held senior positions at Quick Heal Technologies Limited as Head - Legal and Company Secretary, and has worked at Principal Global Services Private Limited, Gabriel India Limited, Tech Mahindra Limited and Kirloskar Ferrous Industries Limited.
- His experience covers listed-company compliance, corporate governance, legal operations, contracts, audits and regulatory matters.
How to read this
The two announcements are of the routine board-level kind: one person steps down from a designated compliance role but stays in the company, and a replacement is appointed on the same date. The Compliance Officer is the officer who signs off on the company's disclosures to the stock exchanges, so the position has to be filled, and the update shows it was filled the same day.
The incoming officer's close-to-two-decade background in secretarial and listed-company compliance is the main detail investors can weigh when judging the change. There is no financial figure attached to either the resignation or the appointment in this update, so the news does not carry a direct read-through to the company's earnings or operations.
Also from DIVGI TORQTRANSFER SYSTEMS
Compliance Officer resigns; Sarang Deshpande appointed Company Secretary and Compliance Officer
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Compliance Officer resigns, new Company Secretary and Compliance Officer appointed from October 30, 2026
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Compliance Officer resigns, continues as Assistant Company Secretary; new CS & Compliance Officer appointed
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More numbers
- Experience of new Company Secretary and Compliance Officerover 20 years
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