MEP Infrastructure Developers accepted the resignation of Mrs. Nitisha Sohoni as Company Secretary and Compliance Officer. Her tenure ends on August 20, 2026.

The company disclosed that Mrs. Sohoni submitted her resignation on May 21, 2026, citing personal reasons and new career opportunities. She confirmed there were no other material reasons for her departure.

Resignation Details

Mr. Ravindra Kumar Goyal, the Resolution Professional for MEP Infrastructure Developers, accepted the resignation. Mrs. Sohoni will be relieved from her responsibilities effective close of business hours on August 20, 2026.

The company has shortlisted a suitable candidate for the role and expects them to resume office soon. It will intimate the stock exchanges regarding the appointment in due course.

Insolvency Process Context

MEP Infrastructure Developers is currently under the Corporate Insolvency Resolution Process pursuant to the Insolvency and Bankruptcy Code, 2016. The National Company Law Tribunal order dated March 28, 2024, initiated this process.

A moratorium under Section 14 of the Code has been in effect since March 28, 2024. Mr. Goyal serves as the Interim Resolution Professional with registration number IBBI/IPA-001/IP-P-02019/2020-2021/13098.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced Section 203 of the Companies Act, 2013, and Regulation 6(1) of the SEBI LODR Regulations.

Details regarding the resignation were provided as required under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023.

MEP Infrastructure Developers has confirmed that its promoter and promoter group did not create any encumbrance on shares during the Financial Year 2025-26. The disclosure, submitted to the National Stock Exchange of India Limited and BSE Limited, is intended to inform shareholders and the market about the holding status of key stakeholders. This compliance ensures transparency regarding the pledging or hypothecation of promoter shares, which is a critical indicator of financial stability for investors.

The declaration was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. In the filing, the promoters explicitly stated that they have not made any encumbrance on the shares, directly or indirectly, other than those already disclosed to the exchanges during the specified financial year. The submission was signed by Jayant Dattatray Mhaiskar, Promoter of MEP Infrastructure Developers Limited.

The filing serves as a formal confirmation to the exchanges regarding the status of promoter holdings. By confirming the absence of new encumbrances, the company provides assurance that the promoters' equity stakes remain free from additional charges or liens beyond what was previously reported. This information is material for market participants assessing the risk profile and governance standards of the company.