RM Drip & Sprinklers accepts resignation of Company Secretary Gracy Kale

1 min read     Updated on 07 Aug 2026, 09:57 PM
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RM Drip & Sprinklers Systems Ltd announced the resignation of Gracy Vijay Kale as Company Secretary and Compliance Officer, effective August 14, 2026. The move, disclosed under SEBI LODR regulations, cites personal reasons with no operational or financial disputes involved.

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RM Drip & Sprinklers Systems Limited has accepted the resignation of Gracy Vijay Kale from her position as Company Secretary and Compliance Officer, effective August 14, 2026. The company disclosed the change to the National Stock Exchange of India Limited and BSE Limited on August 7, 2026, confirming that the departure is voluntary and driven by personal reasons. Ms. Kale confirmed in her resignation letter that there are no disagreements with the Board of Directors or management regarding the company’s operations, finances, or compliance matters.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references Schedule III - Para A (7 C) of Part A of the Listing Regulations and SEBI Circular Ref. No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Atharva Nivrutti Kedar, Managing Director, signed the intimation letter submitted to the exchanges.

Resignation Details

Detail Information
Name Gracy Vijay Kale
Designation Company Secretary and Compliance Officer
Reason for Change Resignation
Effective Date August 14, 2026
Nature of Departure Voluntary; personal reasons
Disputes Cited None

Ms. Kale, who holds Membership No. A65551, requested relief from her duties at the close of business hours on her last working day. She thanked the Board and colleagues for their support during her tenure. The company is required to intimate statutory authorities, including the Registrar of Companies, regarding this change in key managerial personnel.

Historical Stock Returns for RM Drip & Sprinklers System

1 Day5 Days1 Month6 Months1 Year5 Years
+1.28%-1.79%-7.88%-72.09%-54.11%+1,327.56%

Who has been appointed or is being considered as the interim Company Secretary to ensure compliance continuity during the transition?

How might the departure of the Compliance Officer impact RM Drip & Sprinklers' ability to meet upcoming regulatory filing deadlines under SEBI regulations?

Is the company currently conducting a search for a permanent replacement, and what specific qualifications are they prioritizing for this key managerial role?

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R M Drip promoters confirm no encumbrance in FY26

1 min read     Updated on 13 Jun 2026, 01:43 AM
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R M Drip and Sprinklers Systems Limited disclosed that its promoters and promoter group did not create any encumbrance on their shareholdings during FY26, other than those previously disclosed. The filing, signed by authorised signatory Nivrutti Pandurang Kedar, was submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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R M Drip and Sprinklers Systems Limited has disclosed that its promoters and promoter group have not created any encumbrance on their shareholdings during the financial year 2025-2026. The intimation, submitted to the stock exchanges, confirms that no direct or indirect encumbrance was made other than those previously disclosed. This disclosure is significant as it assures investors of the unencumbered status of the promoter holdings, which is a key indicator of financial stability and corporate governance.

The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation mandates periodic disclosures by promoters regarding any encumbrance on their holdings. The confirmation was signed by Nivrutti Pandurang Kedar, an authorised signatory, on behalf of the promoter, promoter group, and persons acting in concert.

The disclosure details the shareholding status of key individuals as of March 31, 2026. The table below outlines the holdings of the promoters and promoter group members.

Name of Individuals Category Holding as on 31.03.2026
Nivrutti Pandurang Kedar Promoter 4,50,40,270
Surekha Nivrutti Kedar Promoter 24,41,040
Kedar Nivrutti Pandurang Promoter Group 27,01,040
Anuja Nivrutti Kedar Promoter Group 23,81,040
Atharva Nivrutti Kedar Promoter Group 40,000

The company has requested the exchanges to place the information on record. The registered office of R M Drip and Sprinklers Systems Limited is located at Gat No. 475, Village Gonde, Taluka Sinnar, Nashik, Maharashtra. The scrip is listed on the BSE with code 544456 and on the NSE under the symbol RMDRIP.

Historical Stock Returns for RM Drip & Sprinklers System

1 Day5 Days1 Month6 Months1 Year5 Years
+1.28%-1.79%-7.88%-72.09%-54.11%+1,327.56%

Will the unencumbered status of promoter holdings encourage the company to pursue new capital raising initiatives in the upcoming fiscal year?

How might this confirmation of financial stability impact institutional investor confidence and stock liquidity in the near term?

Are there any strategic expansion plans or M&A activities on the horizon that could leverage the current strength of the promoter's shareholding position?

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1 Year Returns:-54.11%