Compliance Officer resigns; Sarang Deshpande appointed Company Secretary and Compliance Officer
Divgi TorqTransfer Systems has a change in its compliance team.
By ScoutQuest · · 2 min read
- Compliance Officer Resignation
- Ms. Ishita Kokare (ACS 81144) resigned as Compliance Officer effective closing of Friday, October 30, 2026
- New CS & Compliance Officer
- Mr. Sarang Deshpande (A18613) appointed as Company Secretary and Compliance Officer, effective October 30, 2026
- Designation
- Whole-time employment; designated KMP and SMP
Two changes in the company's compliance function, both taking effect on the same day.
Resignation of the Compliance Officer
- The Board has accepted and noted the resignation of Ms. Ishita Kokare (Membership No. A81144) from the post of Compliance Officer.
- Her cessation is effective from the closing of Friday, October 30, 2026.
- She continues as the Assistant Company Secretary of the Company.
- The company has placed on record its appreciation for her contribution during her tenure.
Appointment of Company Secretary and Compliance Officer
- The Board considered and approved the recommendation of the Nomination and Remuneration Committee to appoint Mr. Sarang Deshpande (Membership No. A18613) as the Company Secretary and Compliance Officer.
- The appointment is effective from Friday, October 30, 2026.
- He will be in whole-time employment with the company and designated as Key Managerial Personnel (KMP) and Senior Management Personnel (SMP).
Profile of the incoming officer
- 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, 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.
What this means for retail investors
- The Compliance Officer is the person responsible for the company's disclosures and compliance with listing rules, so a change here matters for how regularly and accurately information reaches shareholders.
- The outgoing officer stays within the company as Assistant Company Secretary, so some continuity in the secretarial team remains.
- The incoming officer takes charge the same day, which means the role is not left vacant.
The disclosures were made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the required particulars set out in the annexures to the intimation.
Also from DIVGI TORQTRANSFER SYSTEMS
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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Compliance Officer resigns, continues as Assistant Company Secretary; new CS & Compliance Officer appointed
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More numbers
- Experience of incoming Company Secretaryover 20 years
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