Praveg531637Company secretary change

Company Secretary & Compliance Officer resigns; board appoints Himalay Amardas Dudharejiya

Mukeshkumar Sohanram Chaudhary resigned as Company Secretary & Compliance Officer and KMP, effective close of business on November 3, 2026.

By ScoutQuest · Tue 3 Nov 2026, 5:08 PM IST · 3 min read

Outgoing CS resignation effective: close of business on November 3, 2026
New CS appointment effective: with effect from November 3, 2026
Board meeting date and duration: November 3, 2026, from 12:30 p.m. to 03:55 p.m.

The board met from 12:30 p.m. to 03:55 p.m. and approved the unaudited financial results (consolidated and standalone) for the quarter and half year ended September 30, 2026, as recommended by the Audit Committee.
Mr. Mukeshkumar Sohanram Chaudhary resigned from the post of Company Secretary & Compliance Officer and Key Managerial Personnel, with effect from the close of business hours on November 3, 2026.
On the recommendation of the Nomination and Remuneration Committee, the board approved the appointment of Mr. Himalay Amardas Dudharejiya as Company Secretary and Compliance Officer, Senior Management Personnel designated as Key Managerial Personnel and Nodal Officer, with effect from November 3, 2026.

The Key Managerial Personnel the company has named for deciding materiality of events and making disclosures to the stock exchanges:

The auditors, KPSJ & Associates LLP, reviewed the standalone and consolidated unaudited results and concluded that nothing came to their attention that causes them to believe the statements contain any material misstatement or have failed to disclose what the listing regulations require.
The consolidated statement includes unaudited interim financial results of 5 subsidiaries that were not reviewed by these auditors. Those figures show total assets of Rs.4425.59 Lakhs, total revenues of Rs. Nil for the quarter and Rs.24.47 lakhs for the half year, and total net loss of Rs. 69.99 Lakhs and Rs.122.05 Lakhs for the two periods respectively.
It also includes 2 other subsidiaries whose interim results were reviewed by other auditors. For these, the figures show total assets of Rs.11878.65 Lakhs, total revenues of Rs.1610.02 Lakhs and Rs.3270.57 Lakhs, and total net loss after tax of Rs.115.72 Lakhs and Rs.174.19 Lakhs for the quarter and half year respectively.
The auditors state that their conclusion is not modified with respect to their reliance on the work and the financial results certified by the management for those subsidiaries.

A Company Secretary is one of the company's Key Managerial Personnel and is the officer who signs the company's disclosures to the stock exchanges. Here the outgoing officer's exit and the new appointment both take effect on November 3, 2026, so the change is a same-day handover of the post.
The new incumbent is also described as Nodal Officer and is part of the group of officers authorised to judge whether an event is material and needs to be disclosed to the exchanges.
The September quarter and half year numbers are unaudited. They have been subjected to a limited review, which the auditors describe as substantially less in scope than an audit and which does not express an audit opinion.
Part of the consolidated numbers, relating to 5 subsidiaries, rests on financial information approved and furnished by the management rather than reviewed by the statutory auditors; the auditors' conclusion is unchanged on this count.

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