GSB Finance Limited Announces Resignation of Secretarial Auditor M/s J K & Associates
GSB Finance Limited announced that M/s J K & Associates resigned as secretarial auditor with immediate effect on March 30, 2026, due to personal reasons. The practicing company secretaries, represented by Krishan Kumar (CP no. 22281; M. no. 31443), submitted their resignation citing inability to continue duties. The company's audit committee and board will consider appointing new secretarial auditors and will inform BSE accordingly.
*this image is generated using AI for illustrative purposes only.
GSB Finance Limited has announced the resignation of its secretarial auditor M/s J K & Associates with immediate effect on March 30, 2026. The company informed BSE Limited about this development pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
Resignation Details
M/s J K & Associates, Practicing Company Secretaries (CP no. 22281; M. no. 31443), submitted their resignation letter on March 30, 2026, citing personal reasons for their decision to step down from the position of secretarial auditor.
| Parameter: | Details |
|---|---|
| Auditor Name: | M/s J K & Associates |
| Resignation Date: | March 30, 2026 |
| Reason: | Personal reasons |
| CP Number: | 22281 |
| Membership Number: | 31443 |
Company Response
The resignation letter was signed by Krishan Kumar, the practicing company secretary representing the firm. In the resignation communication, Kumar stated that due to personal reasons, he was not in a position to carry on further with the duties and responsibilities of secretarial auditor of the company.
Next Steps
GSB Finance Limited has indicated that its audit committee and board will consider the appointment of new secretarial auditors in due course. The company has committed to informing BSE accordingly once the new appointment is finalized.
Regulatory Compliance
The announcement was made by Managing Director Vivek Kumar Singhal (DIN: 01962224) in compliance with SEBI regulations. The disclosure included all required details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with applicable SEBI circulars.
GSB Finance Limited operates from its registered office in Mumbai and maintains a corporate office in Raipur. The company's communication emphasized that this resignation was processed with immediate effect and all necessary regulatory disclosures have been completed.
Historical Stock Returns for GSB Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.55% | -3.08% | -4.78% | -24.59% | -9.66% | +322.25% |
How quickly will GSB Finance be able to appoint a new secretarial auditor to avoid any compliance gaps?
Could this sudden resignation indicate underlying governance or operational issues at GSB Finance that investors should monitor?
What impact might the temporary absence of a secretarial auditor have on GSB Finance's upcoming regulatory filings and compliance deadlines?
19
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
