IGI appoints Nitika Dalmia as Company Secretary effective July 1

2 min read     Updated on 23 Jun 2026, 10:54 AM
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International Gemological Institute appointed Ms. Nitika Dalmia as Company Secretary and Compliance Officer effective July 1, 2026. The Board approved the appointment based on the Nomination and Remuneration Committee's recommendation. Ms. Dalmia, with over 12 years of experience, previously served at Kaya Limited and Sun Pharmaceutical Industries Limited.

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International Gemological Institute has appointed Ms. Nitika Dalmia as its Company Secretary and Compliance Officer, designated as a Key Managerial Personnel, effective July 1, 2026. The appointment, based on the recommendation of the Nomination and Remuneration Committee, was approved by the Board of Directors during its meeting held on June 23, 2026. This strategic move aims to strengthen the company's corporate governance and compliance framework.

Ms. Nitika Dalmia has also been designated as the Nodal Officer under the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, effective from the same date. The Board meeting, which commenced at 10:02 a.m. and concluded at 10:32 a.m., formalized these key appointments to ensure robust regulatory adherence.

Ms. Dalmia brings over 12 years of specialized experience in Corporate Secretarial functions, Legal Compliance, and Corporate Governance. Her professional background includes managing Board and Committee operations and ensuring stringent compliance with SEBI and Listing Regulations within listed organizations.

Prior to this role, Ms. Dalmia served as the Head of Secretarial and Legal at Kaya Limited for over eight years. Her career also includes tenures at Sun Pharmaceutical Industries Limited and the Essel Group. She is an Associate Member of the Institute of Company Secretaries of India (ICSI) and holds an LLB degree from D Y Patil College of Law.

Appointment Details

The following table outlines the key details regarding the appointment:

Sr. No. Particulars Details
1. Name of Key Managerial Personnel Ms. Nitika Dalmia
2. Reason for Change Appointment as Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company
3. Date of appointment and term of appointment Effective from July 1, 2026
4. Brief Profile Ms. Nitika Dalmia is a highly accomplished Company Secretary with over 12 years of specialized experience in Corporate Secretarial functions, Legal Compliance and Corporate Governance. She possesses a proven track record of managing Board and Committee operations, ensuring stringent SEBI and Listing Regulation compliance, and fostering strong stakeholder relations within listed organizations. Prior to her current role, Ms. Dalmia served as the Head of Secretarial and Legal at Kaya Limited for over eight years. Her extensive professional portfolio also includes tenures at Sun Pharmaceutical Industries Limited and the Essel Group. She is an Associate Member of the Institute of Company Secretaries of India (ICSI) and holds an LLB degree from D Y Patil College of Law.
5. Disclosure of relationship between directors Not Applicable

Historical Stock Returns for International Gemological Institute

1 Day5 Days1 Month6 Months1 Year5 Years
-1.13%-3.99%-4.95%+10.38%+2.77%-24.76%

How will Ms. Dalmia's prior experience in the pharmaceutical and consumer sectors influence IGI's approach to regulatory challenges in the gemological industry?

What specific compliance enhancements or policy updates can investors expect following the implementation of this strengthened governance framework?

Will this appointment lead to any strategic shifts in IGI's investor relations or transparency initiatives in the coming fiscal year?

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IGI accepts Hardik Desai's resignation as Company Secretary

1 min read     Updated on 16 Jun 2026, 02:36 AM
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International Gemological Institute accepted the resignation of Hardik Desai as Company Secretary and Compliance Officer effective June 30, 2026. The resignation, submitted to pursue better career opportunities, was intimated to exchanges under Regulation 30 of the SEBI Listing Regulations. Desai confirmed no other material reasons for his departure, and the resignation covers all statutory roles held under the Companies Act, 2013.

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International Gemological Institute accepted the resignation of Hardik Desai as Company Secretary and Compliance Officer, effective from the close of business hours on June 30, 2026. The resignation was submitted to pursue better career opportunities outside the organization. This development impacts the company's key managerial personnel structure responsible for regulatory compliance and governance.

The resignation was intimated to the stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Desai confirmed that there are no other material reasons for his departure beyond the stated intent to seek external growth. The company disclosed that the information is available on its website.

The following table outlines the details of the change in key managerial personnel:

Sr. No. Particulars Details
1. Name Mr. Hardik Desai
2. Reason for change Resignation. To pursue better career opportunities outside the Organisation.
3. Date of cessation June 30, 2026
4. Brief profile Not applicable
5. Disclosure of relationships Not applicable

The disclosure was made in accordance with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Desai’s resignation extends to all other statutory and designated roles held within the company under the Companies Act, 2013 and applicable SEBI regulations.

Historical Stock Returns for International Gemological Institute

1 Day5 Days1 Month6 Months1 Year5 Years
-1.13%-3.99%-4.95%+10.38%+2.77%-24.76%

Who will be appointed as the successor to ensure continuity in compliance and governance?

How will the transition process be managed to minimize disruption in regulatory filings?

Could this leadership change signal broader strategic shifts within the company?

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