BMW Industries accepts Vikram Kapur's resignation as CS
Vikram Kapur has stepped down as Company Secretary cum Compliance Officer at BMW Industries Limited effective July 31, 2026, citing preoccupancy with his existing roles. He remains in position as Chief Financial Officer. The company has notified BSE and CSE under Regulation 30 of SEBI LODR and will appoint a replacement in due course. The Board of Directors will formally note the relieving letter in its next meeting.
*this image is generated using AI for illustrative purposes only.
BMW Industries has accepted the resignation of Vikram Kapur from his additional responsibility as Company Secretary cum Compliance Officer, effective July 31, 2026. Kapur requested to be relieved from this specific role due to preoccupancy with his other responsibilities within the organization. He will continue to serve as the Chief Financial Officer (CFO) of the company. This change impacts the governance structure of the firm, requiring the appointment of a new compliance officer to ensure regulatory adherence.
The resignation was submitted via a letter dated July 31, 2026, and becomes effective at the close of business hours on that date. The company disclosed the change pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part A of Schedule III of said Regulations. The disclosure also references SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, which mandates specific details regarding changes in key managerial personnel.
Key Managerial Personnel Authorized for Disclosures
Pursuant to Regulation 30(5) of the SEBI LODR, the following Key Managerial Personnel are severally authorized to determine the materiality of events or information and make disclosures to the Stock Exchanges:
| Sr. No. | Name | Designation | Contact Details |
|---|---|---|---|
| 1 | Harsh Kumar Bansal | Managing Director | Phone: +91 33 2226 8882; Email: info@bmwil.co.in |
| 2 | Vivek Kumar Bansal | Managing Director | — |
| 3 | Ram Gopal Bansal | Chairman & Whole-time Director | — |
| 4 | Vikram Kapur | CFO | — |
Until further communication is made regarding the appointment of a new Company Secretary & Compliance Officer, all communications related to the company should be directed to info@bmwil.co.in and compliance@bmwil.co.in .
Governance Next Steps
The relieving letter for Kapur will be placed before the Board of Directors in the upcoming Board meeting for noting in accordance with the aforementioned regulations. The company stated that a separate person will be identified in due course and appointed as Company Secretary and Compliance Officer. Ram Gopal Bansal, Chairman & Whole Time Director, signed the disclosure on August 01, 2026.
Historical Stock Returns for BMW Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.45% | -13.15% | -17.68% | +22.83% | -5.59% | +26.87% |
Who are the potential candidates BMW Industries is considering for the vacant Company Secretary and Compliance Officer role?
How might the temporary gap in the compliance officer position impact the company's regulatory reporting timelines or internal audit processes?
Does Vikram Kapur's retention as CFO signal a strategic shift in how financial and compliance functions are integrated within the organization?
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