Board notes Company Secretary's resignation, appoints successor effective November 20, 2026
Board noted Company Secretary & Compliance Officer Nitesh Kumar Jha's resignation effective November 5, 2026.
By ScoutQuest · · 2 min read
- Resignation effective date
- Nitesh Kumar Jha resignation effective November 5, 2026
- New appointment effective date
- Debashis Dey appointed Company Secretary & Compliance Officer effective November 20, 2026
- New appointee experience
- over 22 years of experience in governance and compliance roles
Board meeting outcome: three items taken up
The board met on November 5, 2026 and approved three things — a senior compliance role changing hands, and a re-look at who inside the company decides what counts as a material event.
Company Secretary resigns
- Nitesh Kumar Jha resigned as Company Secretary and Compliance Officer, and as Nodal Officer under the SEBI (Investor Protection and Education Fund) Regulations, 2009.
- The board noted the resignation with effect from November 5, 2026.
- His resignation letter is dated August 18, 2026 and states he will cooperate in handing over records, updates, statutory registers and pending compliances, and will give certifications needed for the transition.
- The stated reason for the change is resignation.
New Company Secretary appointed
- The board appointed Debashis Dey as Company Secretary and Compliance Officer, and as Nodal Officer under the same investor protection regulations, with effect from November 20, 2026.
- The update describes him as a corporate governance and compliance professional with over 22 years of experience across listed companies and multinational organisations.
- His earlier roles listed include Head - Company Secretary & Compliance Officer at CMS Info Systems Limited, Group Company Secretary & Head - Investor Relations at Wockhardt Limited, and Company Secretary & Legal Lead at Sun Pharma Advanced Research Company Limited, with experience also at Piramal Glass Limited and JSW Steel Limited.
- He is an Associate Member of the Institute of Company Secretaries of India and holds an LL.B. degree from Utkal University and an MBA in Finance from ICFAI Business School, Mumbai.
Who now decides what is a material event
Under Regulation 30(5), the board revised the list of persons authorised to determine the materiality of events and to sign and issue disclosures to the stock exchanges. The four named are:
- Mr. Arjun Dhawan, Vice Chairman & Managing Director
- Mr. Vivek Singhal, Chief Executive Officer
- Mr. Rahul Shukla, Chief Financial Officer
- Mr. Debashis Dey, Company Secretary (with effect from November 20, 2026)
Timeline and practical read
Between November 5 and November 20, 2026 the Company Secretary position changes hands, and the new appointee is also one of the four people who can decide materiality of events and sign exchange disclosures. For a retail reader, this is housekeeping at the top of the compliance function: the outgoing officer's stated reason is resignation, a named successor with a stated professional background has been appointed, and the transition dates are specified in the update itself.
Also from Hindustan Construction Company
Company Secretary resigns; Debashis Dey named as CS and Compliance Officer from November 20, 2026
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Board approves appointment of Vivek Singhal as Chief Executive Officer and Key Managerial Person
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Standalone results for the quarter ended September 30, 2026
5 Nov 2026
More numbers
- Experience of newly appointed Company Secretary22 years
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