DIVGI TORQTRANSFER SYSTEMS543812Company secretary change
Compliance Officer resigns, continues as Assistant Company Secretary; new CS & Compliance Officer appointed
Board meeting on October 30, 2026 approved a change in the compliance role.
By ScoutQuest · · 2 min read
- Resignation effective date
- Friday, October 30, 2026
- Appointment effective date
- Friday, October 30, 2026
- New appointee experience
- over 20 years of experience in secretarial, legal and statutory compliance functions
What the board approved
- The Board of Directors met on October 30, 2026 and approved two connected changes in the company's compliance function.
- The Board accepted and noted the resignation of Ms. Ishita Mangesh Kokare from the post of Compliance Officer, with effect from Friday, October 30, 2026.
- She continues as the Assistant Company Secretary of the company.
- The Board also approved the recommendation of the Nomination and Remuneration Committee to appoint Mr. Sarang Deshpande as the Company Secretary and Compliance Officer.
Terms of the new appointment
- The appointment is effective Friday, October 30, 2026.
- Mr. Sarang Deshpande will be in whole-time employment with the company.
- He is designated as Key Managerial Personnel (KMP) and Senior Management Personnel (SMP).
Profile of the new appointee
- CS Sarang Deshpande 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 also 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.
Why this matters to a retail investor
- The Company Secretary and Compliance Officer is the person responsible for the company's secretarial compliance and acts as the link between the company and the stock exchanges on listing-related matters.
- The transition is a same-day handover: the outgoing officer leaves the compliance officer role but stays with the company as Assistant Company Secretary, while a new officer with listed-company experience takes over and is also classified as KMP and SMP.
- Ms. Ishita Mangesh Kokare ceased to be Compliance Officer with effect from October 30, 2026, the same date on which the new appointment takes effect.
What to keep in view
- This is a personnel and compliance-role update; it does not by itself change the company's operations, finances or business plans.
- The disclosure identifies the incoming officer's background in compliance and governance roles at other listed companies, which is the main detail an investor can weigh here.
- The company's update notes she would be continuing as the Assistant Company Secretary, so she remains with the organisation in a secretarial capacity.
Also from DIVGI TORQTRANSFER SYSTEMS
Compliance Officer resigns; Sarang Deshpande appointed Company Secretary and Compliance Officer
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Compliance Officer change: Ishita Kokare resigns, Sarang Deshpande appointed
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Compliance Officer resigns, new Company Secretary and Compliance Officer appointed from October 30, 2026
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More numbers
- Experience of the new Company Secretary & Compliance Officerover 20 years
Source: BSE · 30 Oct 2026
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