Hirect accepts resignation of Head Legal Preeti Sharma effective Sep 24

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Hirect Limited accepted the resignation of Mrs. Preeti Sharma, Head Legal and SMP, effective September 24, 2026.
  • Mrs. Sharma cited the pursuit of better career opportunities outside the organization as the primary reason for leaving.
  • The resignation letter was dated June 25, 2026, and she was relieved at the close of business hours on September 24, 2026.
  • The filing complies with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
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Hirect Limited has accepted the resignation of Mrs. Preeti Sharma, Head Legal and Senior Management Personnel (SMP), effective September 24, 2026. The departure marks a change in the company's senior legal leadership structure.

Resignation details

Mrs. Sharma tendered her resignation via a letter dated June 25, 2026, citing the desire to pursue better career opportunities outside the organization. The company confirmed that she was relieved from her duties at the close of business hours on September 24, 2026. In her resignation letter addressed to Chairman and Managing Director Mr. Suramya Nevatia, Mrs. Sharma stated there were no other material reasons for her exit apart from seeking an alternative career path.

Regulatory compliance

The intimation was filed with BSE and NSE under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure complies with SEBI Master Circular No HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Particulars Details
Name of SMP Mrs. Preeti Sharma
Reason for change Resignation due to personal reason/career opportunity
Date of cessation September 24, 2026
Role Head Legal

The company noted that details regarding her profile and relationships with directors were not applicable as this pertains to a cessation rather than an appointment.

Historical Stock Returns for Hirect

1 Day5 Days1 Month6 Months1 Year5 Years
-1.69%+3.08%-4.29%+69.86%+44.12%+1,111.97%

Who has been appointed as the interim or permanent successor to Mrs. Preeti Sharma as Head Legal?

How will the leadership transition impact Hirect Limited's ongoing litigation and regulatory compliance strategies?

Are there any pending legal matters that require immediate attention from the new legal head to avoid operational disruptions?

Hirect closes trading window for Q2FY27 results announcement

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Hirect Limited closed its trading window on October 1, 2026
  • Window remains closed until 48 hours after Q2FY27 results declaration
  • Closure applies to designated persons and their immediate relatives
  • Board meeting date for result approval to be announced later
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Hirect Limited has closed its trading window for designated persons and their immediate relatives starting October 1, 2026. This closure will remain in effect until 48 hours after the company declares its unaudited financial results for the quarter and half year ending September 30, 2026.

The decision is made pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct. The move ensures compliance with regulatory standards regarding the handling of unpublished price-sensitive information during the earnings reporting period.

Board meeting date to be intimated

The company stated that the specific date for the Board Meeting, which will consider and approve the said financial results, will be communicated in due course. Until that announcement, the restriction on dealing in securities remains active for all insiders as defined by the company's code of conduct.

Compliance details

The notice was issued by Suhas Pawar, Company Secretary and Compliance Officer, on September 24, 2026. The filing was addressed to both BSE Limited and the National Stock Exchange of India Limited, ensuring all market participants are aware of the trading restrictions.

Detail Information
Trading Window Start Date October 1, 2026
Trading Window End Condition 48 hours after Q2FY27 results declaration
Reporting Period Quarter and half year ending September 30, 2026
Regulatory Basis SEBI (Prohibition of Insider Trading) Regulations, 2015
Issued By Suhas Pawar, Company Secretary & Compliance Officer

Historical Stock Returns for Hirect

1 Day5 Days1 Month6 Months1 Year5 Years
-1.69%+3.08%-4.29%+69.86%+44.12%+1,111.97%

How might the delay in announcing the specific board meeting date impact investor sentiment and liquidity for Hirect Limited prior to the results declaration?

What key performance indicators in the upcoming Q2FY27 financial results are analysts most focused on given the current market conditions for power electronics manufacturers?

Could the extended trading window closure period signal potential complexities or delays in finalizing the unaudited financial statements?

More News on Hirect

1 Year Returns:+44.12%