Atlantaa Limited Announces Change in Company Secretary Position

Atlantaa Limited has announced a significant change in its key management personnel. The company has disclosed the resignation of its current Company Secretary and Compliance Officer, Mr. Prathmesh Pradeep Gaonkar, and the appointment of Mrs. Mamta Jain as his successor.

Key Management Changes

Position	Outgoing	Incoming	Effective Date
Company Secretary & Compliance Officer	Mr. Prathmesh Pradeep Gaonkar (ACS No. A61307)	Mrs. Mamta Jain (ACS No. A72257)	06.12.2025

Details of the Transition

Mr. Prathmesh Pradeep Gaonkar, who joined Atlantaa Limited in March 2023, has tendered his resignation to pursue better career opportunities. Specifically, Mr. Gaonkar plans to start his own practice as a Practicing Company Secretary. His last working day with the company will be 06.12.2025.

New Appointment

Mrs. Mamta Jain has been appointed as the new Company Secretary & Compliance Officer of Atlantaa Limited. Her appointment will be effective from 06.12.2025, coinciding with Mr. Gaonkar's departure.

Profile of Mrs. Mamta Jain

Aspect	Details
Qualification	Qualified Company Secretary (ACS-72257)
Experience	4 years of post-qualification experience
Education	Post Graduation in Commerce from Ignou University
Expertise	Experience in working with listed and private companies

The company has made this announcement in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A of Schedule III.

Atlantaa Limited, formerly known as Atlanta Limited, is an ISO 9001:2015 certified company.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.96%	+9.50%	+12.22%	+23.45%	-3.17%	+357.69%

Atlantaa shares continued their remarkable ascent, locking in a 20% upper circuit for the second consecutive day. The surge comes on the heels of a significant contract win from IRCON International, valued at ₹2,485 crore.

Contract Details

The company has secured a contract to construct the Bhandara-Gadchiroli Access Controlled Expressway in Maharashtra on an Engineering, Procurement, and Construction (EPC) mode. Specifically, Atlantaa will be responsible for package BG-03, which spans from Sarandi to Kinhi.

Financial Significance

The magnitude of this order is particularly noteworthy:

Metric	Value
Contract Value	₹2,485.00 crore
Market Capitalization	₹456.00 crore
Order to Market Cap Ratio	5.45

This substantial contract, valued at over five times the company's current market capitalization, underscores its potential impact on Atlantaa's future financial performance.

Stock Performance

The market's reaction to this news has been overwhelmingly positive:

Metric	Value
Current Trading Price	₹55.96
Year-to-Date Performance	101.00% gain
Recent Trend	Fourth 20% upper circuit since September 1

Trading Volume

The announcement has sparked significant investor interest:

Metric	Value
Today's Trading Volume	Exceeded 40.00 lakh shares
20-Day Average Volume	3.40 lakh shares

The current trading volume represents a substantial increase over the recent average, indicating heightened market activity and investor enthusiasm.

Shareholding Pattern

As of the latest available data:

Shareholder Category	Percentage
Promoter Holding	74.67%
Retail Investors (up to ₹2 lakh authorized capital)	13.17%
Mutual Fund Exposure	None reported

Market Outlook

The consecutive upper circuits and the substantial nature of the new contract suggest a positive outlook for Atlantaa. However, investors should note that the stock's rapid appreciation may also increase its volatility.

As the company embarks on this significant project, market participants will likely keep a close eye on its execution capabilities and the potential impact on its financial statements in the coming quarters.