Nda Securities has accepted the resignation of Ms. Isha Rastogi as an Independent Director, effective August 6, 2026. The company informed the Bombay Stock Exchange (BSE) that Ms. Rastogi tendered her resignation due to personal and unavoidable circumstances. This change in board composition requires shareholders to monitor future filings for the appointment of a successor to maintain the required number of independent directors on the Board.

The intimation was submitted pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also referenced SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, regarding the disclosure of information related to the change in directorship. Shalini Chauhan, Company Secretary of NDA Securities Limited, signed the communication to the Manager (Listing) at BSE Limited.

Ms. Rastogi, identified by DIN 11647752, confirmed in writing that there are no material reasons for her resignation other than those stated. The resignation letter, dated August 6, 2026, requested the company to submit the necessary forms to the Registrar of Companies to effectuate the cessation of her directorship. The company acknowledged receipt of this letter and confirmed the details in Annexure A of the regulatory filing.

Key Details of Resignation

The Board of Directors is expected to initiate the process to appoint a new Independent Director in accordance with the Companies Act, 2013, and SEBI LODR regulations, ensuring compliance with the requirement for independent representation on the board. Until a successor is appointed, the remaining board members will continue to oversee the company’s operations and governance responsibilities.

NDA Securities has accepted the resignation of Shalini Chauhan as its Company Secretary and Compliance Officer, effective August 7, 2026. The Board of Directors formally acknowledged and accepted her resignation on August 5, 2026. Chauhan cited personal reasons for stepping down from her position as a Key Managerial Personnel (KMP) within the organization.

The company disclosed this development to the stock exchanges pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation also referenced SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2024/0155. Kajal Goel, Managing Director of NDA Securities Limited, signed the disclosure letter confirming the acceptance of the resignation.

Key Details of Resignation

The following details were provided in the regulatory filing regarding the change in key managerial personnel:

The Board placed on record its sincere appreciation for the services rendered by Chauhan during her tenure. In an accompanying communication, Goel highlighted Chauhan’s contributions towards strengthening corporate governance and ensuring regulatory compliance at the firm.

Impact on Corporate Governance

As the Company Secretary and Compliance Officer, Chauhan was responsible for ensuring that NDA Securities adhered to statutory requirements and listing obligations. Her departure necessitates the appointment of a successor to maintain compliance continuity under the SEBI (LODR) framework. The company has enclosed a copy of the resignation letter with the exchange filing as required by the regulations.

No new appointment was announced in this filing. The company will likely issue a separate intimation once a replacement is identified and appointed to the role of Company Secretary and Compliance Officer.