RPSG Ventures Limited has issued a formal response to BSE Limited addressing queries regarding price movement in its securities, reaffirming its commitment to regulatory compliance and transparency.

BSE Query Response

The company submitted its clarification on April 2, 2026, in response to BSE's letter dated April 1, 2026, bearing reference number L/SURV/ONL/PV/APJ/2026-2027/3485. Company Secretary Sayak Chatterjee signed the response, which was digitally authenticated and included the company's official seal.

Key Clarifications Provided

RPSG Ventures addressed two primary aspects in its response to the stock exchange:

Regulatory Compliance Statement

The company emphasized its adherence to applicable laws and specifically addressed compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. RPSG Ventures stated that it has been compliant with the regulation and confirmed there is no additional information available within the company that requires disclosure under the said regulation.

Market-Driven Price Movements

Regarding the price fluctuations in its securities, RPSG Ventures clarified that these movements are purely market-driven. The company stated it is not in a position to provide specific reasons for the price movement of its scrip, indicating that external market forces rather than company-specific developments are driving the price changes.

The formal response demonstrates RPSG Ventures' commitment to maintaining transparency with regulatory authorities while acknowledging the market dynamics that influence securities pricing.

RPSG Ventures Limited announced significant leadership changes following its board meeting held on March 30, 2026. The company has implemented a strategic transition in key managerial positions, effective from April 1, 2026, demonstrating a structured approach to organizational development.

Board Meeting Outcome

The board meeting, which commenced at 11:30 a.m. and concluded at 12:05 p.m., resulted in three major appointments and resignations pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015:

Updated Board Composition

Following these changes, the updated board composition effective April 1, 2026, includes six directors across various categories:

Key Appointment Details

Mr. Sudip Kumar Ghosh has been appointed as Additional Director and Whole-time Director for a period of 3 years, commencing from April 1, 2026, till March 31, 2029, subject to member approval. He brings over 33 years of diverse experience across financial management, strategic planning, and corporate governance. Mr. Ghosh holds memberships with the Institute of Chartered Accountants of India, the Institute of Cost Accountants of India, and the Institute of Company Secretaries of India. Having served as the Company Secretary for the past 8 years, he possesses profound institutional knowledge and will continue as the Compliance Officer under Regulation 6(1) of the Listing Regulations.

Mr. Sayak Chatterjee has been appointed as Company Secretary and Key Managerial Personnel. He is a qualified member of both the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India (Membership No. A29589), bringing 18 years of experience in corporate governance, statutory compliance, and financial management. Previously, he served for 12 years as Company Secretary of Haldia Energy Limited, another company within the RP Sanjiv Goenka Group. He has also been nominated as the 'Nodal Officer' under the IEPF Rules.

Regulatory Compliance

All appointments and resignations have been made based on recommendations from the Nomination and Remuneration Committee, ensuring adherence to corporate governance standards. The company has provided detailed disclosures as required under Schedule III of the regulations and SEBI Master Circular bearing reference no. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026. The changes have been communicated to both NSE and BSE, maintaining transparency with regulatory authorities and stakeholders.