Fractal Industries has accepted the resignation of Mrs. Kruti Parshwa Shah as Company Secretary and Compliance Officer, effective July 31, 2026.

The Mumbai-based technology firm submitted a clarification letter to BSE Limited on August 22, 2026, addressing a query regarding the submission timeline of the resignation letter.

Regulatory Clarification

The stock exchange had sought reasons for any delay in submitting the resignation letter within seven days of the effective date. Fractal Industries stated that no delay occurred.

The resignation letter was submitted by Mrs. Shah on July 31, 2026, which was also the effective date of her cessation from the role. Consequently, the requirement to explain a filing delay was not applicable in this instance.

Resignation Details

Mrs. Shah cited pre-occupation of services as the reason for her departure. She served as both Company Secretary and Compliance Officer for the company.

The company’s Managing Director, Pankaj Bishwanath Agrawal, signed the disclosure confirming the acceptance of the resignation and the attached statutory documents.

Fractal Industries has appointed Ms. Santoshikumari Devmani Mudaliar as its Company Secretary and Compliance Officer, effective August 1, 2026. The Board of Directors approved the appointment during a meeting held on August 1, 2026, ensuring the company maintains robust corporate governance structures and regulatory compliance mechanisms.

The decision was taken in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting commenced at 3:00 PM and concluded at 5:00 PM. Pankaj Bishwanath Agrawal, Managing Director of Fractal Industries Limited, signed the intimation to the stock exchanges.

Appointment Details

Ms. Mudaliar brings relevant qualifications to the role. She is a qualified Company Secretary and an Associate Member of the Institute of Company Secretaries of India (ICSI). Additionally, she holds Bachelor of Commerce (B.Com) and Master of Commerce (M.Com) degrees.

Her profile indicates sound knowledge of the Companies Act, 2013, SEBI Regulations, corporate governance principles, secretarial compliances, and allied corporate laws. The filing confirms that there are no relationships between Ms. Mudaliar and the existing Directors that require disclosure.

Governance Implications

The appointment strengthens Fractal Industries' compliance framework. As a listed entity, maintaining an independent and qualified Company Secretary is critical for adhering to SEBI's listing obligations. Ms. Mudaliar's expertise in corporate governance and secretarial compliances aligns with the company's need for rigorous adherence to regulatory standards.

What This Means for Stakeholders

The appointment ensures continuity in regulatory filings and board governance processes. For investors, this signals that Fractal Industries is prioritizing structural integrity and compliance oversight. The immediate effectiveness of the appointment suggests no gap in the company's secretarial functions.