Shree Ajit Pulp and Paper accepts resignation of Company Secretary
- Chinmay Methiwala resigns as Company Secretary and Compliance Officer
- Resignation effective close of business hours on September 9, 2026
- He also ceases roles as Compliance Officer and Nodal Officer
- Company seeks new appointment within prescribed time limits
*this image is generated using AI for illustrative purposes only.
Shree Ajit Pulp and Paper accepted the resignation of Chinmay Methiwala as Company Secretary and Compliance Officer effective September 9, 2026.
The company disclosed the development in a filing with BSE Limited on Wednesday, September 9, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Resignation Details
Mr. Methiwala stepped down to pursue career opportunities outside the organization. He ceased acting as a Key Managerial Personnel (KMP) with effect from the closing of business hours on September 9, 2026.
Consequent to his resignation, he also vacated the following statutory and designated positions:
- Compliance Officer under SEBI (Prohibition of Insider Trading) Regulations, 2015
- Nodal Officer under IEPF Rules
- Authorized person for determining materiality of events and making disclosures to stock exchanges under Regulation 30 of the SEBI Listing Regulations
The Board of Directors has acknowledged his resignation and relieved him of his duties.
Next Steps
The company stated it is in the process of appointing a new Company Secretary within the prescribed time limit. It will inform the stock exchanges accordingly upon completion of the appointment.
Historical Stock Returns for Shree Ajit Pulp & Paper
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.70% | -0.57% | -0.17% | 0.0% | 0.0% | 0.0% |
How might the interim vacancy in the Company Secretary role impact Shree Ajit Pulp and Paper's regulatory compliance timelines and disclosure accuracy?
Will the company appoint an internal successor or hire externally, and how might this choice reflect on future corporate governance strategies?
Could this leadership change signal broader organizational restructuring or shifts in compliance priorities within the company?
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