Bhandari Hosiery Exports Limited announced that Shilpa Tiwari has resigned from her position as Company Secretary and Compliance Officer. The resignation is effective from the close of business hours on October 17, 2026.

The company informed the stock exchanges via a filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Tiwari cited personal reasons for her departure. She also stepped down as Key Managerial Personnel and Nodal Officer of the company.

Resignation details and timeline

The resignation was initially intimated to the exchanges on October 10, 2026. The final acceptance of the resignation was confirmed in a subsequent filing dated October 17, 2026. Until her last working day, Tiwari continued to discharge her duties as Company Secretary and Compliance Officer.

The management stated that it is in the process of identifying a suitable replacement for the vacant role. The company committed to informing the stock exchanges once a new appointment is made.

Regulatory compliance and disclosures

The disclosures were made pursuant to Para A, Sub-para (7C) of Part A of Schedule III to the SEBI (LODR) Regulations, 2015. The company attached the resignation letter and detailed reasons as required by regulatory norms.

Key details regarding the cessation are summarized below:

Governance implications

Tiwari’s resignation marks a change in the key managerial personnel of the Ludhiana-based textile exporter. As Compliance Officer, she was responsible for ensuring adherence to statutory requirements and listing obligations. Her departure also entails stepping down as Secretary to all Board Committees.

The company’s Managing Director, Nitin Bhandari, signed the filings confirming the event. No other material reasons for the resignation were disclosed beyond those mentioned in the letter.

Bhandari Hosiery Exports Limited has accepted the resignation of Shilpa Tiwari as its Company Secretary and Compliance Officer. The departure is effective from the close of business hours on October 17, 2026, citing personal reasons as the primary cause for the change in Key Managerial Personnel.

Resignation details and timeline

The company informed stock exchanges that Tiwari tendered her resignation on October 10, 2026. She will continue to discharge her duties as Company Secretary and Compliance Officer until her last working day. The management confirmed that the resignation was accepted by the Board of Directors.

Tiwari also stepped down from her roles as Nodal Officer and Secretary to all Board Committees. The company stated it is currently in the process of identifying a suitable replacement for the position and will inform the exchanges once a successor is appointed.

Regulatory compliance and disclosures

The intimation was filed pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure included details required under SEBI Master Circular no. SEBI/HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026.

The resignation letter submitted by Tiwari confirmed there were no other material reasons for her departure other than those mentioned. She expressed gratitude to the Board Members for their support during her tenure. Nitin Bhandari, Managing Director, signed the digital submission to the exchanges.