Spinaroo Commercial Limited has informed BSE Limited that the delay in intimating the resignation and subsequent appointment of its Company Secretary & Compliance Officer was due to an inadvertent administrative oversight. The company stated that management’s immediate focus during the transition period was on ensuring the continuity of statutory and secretarial functions.

The resignation of Megha Khanna from the post of Company Secretary and Compliance Officer became effective on June 30, 2026. Khanna cited personal reasons for her departure, submitting her resignation pursuant to Section 203 of the Companies Act, 2013. She requested the Board to accept the resignation and file the requisite forms with the Registrar of Companies.

Compliance Explanation

In a communication dated August 18, 2026, Spinaroo Commercial explained that the delay in filing the requisite intimations with the stock exchange occurred while completing internal formalities relating to the cessation and appointment processes. The company emphasized that the delay was purely unintentional and procedural in nature.

It is submitted that there was no intention to withhold any material information from the Stock Exchange or investors. The company has since completed the required filings and has strengthened its internal compliance monitoring mechanism to ensure all future disclosures are made within prescribed timelines under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Neha Pansari, the newly appointed Company Secretary and Compliance Officer, signed the submission, expressing regret for the delay and assuring due care in exercising strict compliance with applicable regulatory requirements going forward.

Spinaroo Commercial Ltd has submitted an explanation to BSE regarding the delay in intimating the resignation of its former Company Secretary and the appointment of the new official. The company attributed the delay to an inadvertent administrative oversight during the transition of responsibilities, where the focus remained on ensuring continuity of statutory functions. The management clarified that the delay was unintentional and procedural, with no intention to withhold material information.

The company has since completed the requisite intimations and strengthened its internal compliance monitoring mechanism to prevent future lapses. The transition involved the resignation of Megha Khanna as Company Secretary and Compliance Officer, effective June 30, 2026, and the subsequent appointment of Neha Pansari effective July 01, 2026. These changes were approved during a Board meeting held on July 04, 2026.

Neha Pansari, a B.Com (Hons.) graduate and Fellow Member of the Institute of Company Secretaries of India, was recommended by the Nomination & Remuneration Committee. Her appointment aims to maintain continuity in compliance and secretarial functions. The Board meeting also ratified the necessary disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of Change