Shree Salasar Investments503635Company secretary change

Company Secretary change: Dashmeet Kaur resigns, Srishti Shah appointed; board also clears new subsidiary

Ms. Dashmeet Kaur resigned as Company Secretary & Compliance Officer (KMP) to pursue other professional opportunities; intimated to exchanges on October 9, 2026.

By ScoutQuest · Fri 23 Oct 2026, 5:40 PM IST · 3 min read

Resignation Intimated to Exchanges: October 9, 2026
New CS Appointment Effective Date: October 23, 2026
Proposed WOS Investment: up to INR 1,00,000/-

Two personnel changes, a proposed name change and a new subsidiary plan came out of the same board meeting on October 23, 2026, which ran from 04:00 P.M. to 04:30 P.M.

What the board decided

Took note of Ms. Dashmeet Kaur's resignation as Company Secretary and Compliance Officer and Key Managerial Personnel, to pursue other professional opportunities. Her resignation and cessation of office were intimated to the stock exchanges on October 9, 2026.
Appointed Ms. Srishti Shah as Company Secretary and Compliance Officer in terms of Section 203 of the Companies Act, 2013, with October 23, 2026 as the date of appointment.
Approved the proposed change of name of the company and the update of E-Form RUN (Reserve Unique Name) with the Registrar of Companies / Central Registration Centre for reservation of the proposed name.
Approved investment by way of subscription to equity shares in the new company proposed to be incorporated as a wholly owned subsidiary and/or subsidiaries, in one or more tranches, under Section 186 of the Companies Act, 2013.

Who is the new Company Secretary

Ms. Srishti Shah is an Associate Member of the Institute of Company Secretaries of India, holding Membership No. A63238.
She holds a Bachelor of Commerce degree and a Master's degree in Human Resource Management.
She has over five years of professional experience in listed entities.
Before this, she served as the Company Secretary of Nagaur Mukundgarh Highways Private Limited, a subsidiary of G R Infraprojects Limited.

The proposed subsidiary, in numbers

Initial investment: up to INR 1,00,000/-, by way of cash consideration.
The percentage of shareholding or control and the number of shares to be acquired are to be finalised and determined at the time of completion of the proposed transaction.
Line of business: Real Estate and Construction Objects, Industrial and Infrastructure Objects.
Country of incorporation: India.
Because the proposed company will be a wholly owned subsidiary, the transaction falls within the ambit of related party transactions and is stated to be at arm's length.
No government or regulatory approval is required apart from the approval of the competent authority for incorporation; the process is subject to approvals from the relevant authorities, including the Registrar of Companies.

How to read this

The Company Secretary is a Key Managerial Personnel position, so this is a formal board-level transition in a compliance-facing role rather than a change in the operating business. The resignation and the appointment sit in the same meeting, so the position is filled immediately.

The subsidiary plan is still at the proposal stage. The update describes a company yet to commence business, with the stake size and share count to be fixed later. The stated object is to enable focused business operations, operational flexibility and strategic expansion, and the proposed investment is expected to strengthen the company's business presence and enhance long-term shareholder value.

The name change is a proposed change; the update records the approval to file E-Form RUN for reservation of the proposed name with the Registrar of Companies.

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