Raasi Refractories accepted the resignation of Nitin Kumar Pugalia as Company Secretary, effective August 24, 2026. The Hyderabad-based refractory manufacturer disclosed the change in key managerial personnel to the BSE on August 25, 2026.

Pugalia cited personal reasons for his departure in a letter dated August 24, 2026. He requested the Board of Directors to complete necessary filings with the Registrar of Companies and stock exchanges as per the Companies Act, 2013.

Regulatory Disclosure

The company notified the exchange pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The disclosure aligns with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026, dated January 30, 2026.

Managing Director Venkanna Konda signed the intimation letter. The resignation does not impact the company’s operational leadership or financial reporting structure at this stage.

Raasi Refractories has received intimation of resignation from M/s BPK & Associates, Practicing Company Secretaries, as its secretarial auditor. The resignation is effective July 23, 2026, and the firm cited pre-occupation as the primary reason for stepping down from the role.

The company notified the Bombay Stock Exchange (BSE) on July 24, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dated January 30, 2026.

Resignation Details

M/s BPK & Associates, led by proprietor Pavan Kumar Bhattiprolu (Membership No. 5399, Certificate of Practice No. 4774), tendered the resignation with immediate effect. In its resignation letter dated July 23, 2026, the firm stated it had no objection to the appointment of any other secretarial auditor to replace them.

Venkanna Konda, Managing Director of Raasi Refractories Limited (DIN: 05119181), signed the intimation letter submitted to the Department of Corporate Services at BSE Limited. The company’s registered office is located in Saroornagar, Hyderabad, Telangana.

What This Means

The resignation of a secretarial auditor is a routine compliance event but requires prompt disclosure under SEBI regulations. Raasi Refractories must now appoint a new secretarial auditor to ensure continued compliance with corporate governance norms. The previous auditor’s lack of objection facilitates a smooth transition without legal impediments to selecting a successor firm.