Olympic Management & Financial Services Limited Announces Resignation of Company Secretary CS Prashant Vipani

1 min read     Updated on 01 Apr 2026, 07:52 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Olympic Management & Financial Services Limited announced the resignation of Company Secretary CS Prashant Vipani (ACS — 74297) effective March 31st, 2026. Vipani resigned to pursue career opportunities outside the company, with his resignation taking effect from the close of business hours on March 31st, 2026. The resignation will be formally considered by the Board of Directors in the upcoming meeting, and the Board has expressed appreciation for his valuable services during his tenure.

powered bylight_fuzz_icon
36555756

*this image is generated using AI for illustrative purposes only.

Olympic Management & Financial Services Limited has announced the resignation of its Company Secretary and Compliance Officer, CS Prashant Vipani, effective March 31st, 2026. The company informed BSE Limited about this key managerial personnel change in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

CS Prashant Vipani (ACS — 74297) submitted his resignation letter on March 31st, 2026, stepping down from his position as Company Secretary, Compliance Officer, and Key Managerial Personnel with immediate effect from the closing of business hours on March 31st, 2026. In his resignation letter, Vipani cited his decision to pursue career opportunities outside the company as the primary reason for his departure.

Parameter: Details
Officer Name: CS Prashant Vipani
ACS Number: 74297
Position: Company Secretary & Compliance Officer
Resignation Date: March 31st, 2026
Effective From: Close of business hours March 31st, 2026
Reason: To pursue career opportunity outside the company

Regulatory Compliance and Board Approval

The resignation letter will be presented to the Board of Directors during the upcoming Board Meeting for formal consideration and acceptance, ensuring compliance with the aforementioned SEBI regulations. The company has fulfilled its disclosure obligations by promptly notifying the stock exchange about this significant corporate development.

Board's Acknowledgment

The Board of Directors has expressed its appreciation for the valuable services rendered by CS Prashant Vipani during his tenure with Olympic Management & Financial Services Limited. In his resignation letter, Vipani acknowledged the professional relationships he built and expressed gratitude for the opportunity to contribute to the company's regulatory framework. He also committed to ensuring a smooth transition of his regulatory duties and pending filings through a formal handover period.

Company Background

Olympic Management & Financial Services Limited, operating as "Corporate Mentors" since 1984, is headquartered in Mumbai with its registered office at 42, Gopal Bhawan, 199, Princess Street, Mumbai - 400 002. The company is listed on BSE Limited with code number 511632 and trades under CIN: L65990MH1984PLC033825.

How quickly will Olympic Management & Financial Services appoint a new Company Secretary to ensure continued regulatory compliance?

Could this resignation signal broader organizational changes or strategic shifts within Olympic Management's leadership structure?

What impact might the transition period have on Olympic Management's upcoming regulatory filings and compliance deadlines?

like18
dislike