News Stocks Bimetal Bearings Limited Announces Resignation of Company Secretary K.Vidhya ShankarBimetal Bearings Limited Announces Resignation of Company Secretary K.Vidhya Shankar
Bimetal Bearings Limited announced the resignation of Company Secretary & Compliance Officer K.Vidhya Shankar (ACS 9105) effective 28th February 2026 due to personal reasons. The company has made necessary regulatory disclosures under SEBI (LODR) Regulation 30, with Whole Time Director S. Narayanan formally accepting the resignation and confirming settlement of any pending dues.
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Bimetal bearings Limited has announced a key management change with the resignation of its Company Secretary and Compliance Officer. The Coimbatore-based manufacturer of BIMITE Thinwall Bearings, Bushings and Thrust Washers has filed the necessary regulatory disclosures regarding this corporate development.
Resignation Details
K.Vidhya Shankar (M.No. ACS 9105) has resigned from his position as Company Secretary and Compliance Officer, with the resignation taking effect at the closure of business hours on 28th February 2026. The resignation was submitted due to personal reasons, as stated in the official communication.
| Parameter | Details |
|---|---|
| Name | K.Vidhya Shankar |
| Designation | Company Secretary & Compliance Officer |
| Membership Number | ACS 9105 |
| Reason for Change | Resignation due to personal reasons |
| Date of Cessation | 28th February 2026 |
Regulatory Compliance
The company has made the necessary disclosures pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) regulations. The formal communication was submitted to BSE Limited, where the company's shares are listed under scrip code 505681.
Management Response
The resignation letter was formally accepted by S. Narayanan, Whole Time Director of Bimetal Bearings Limited. In his acceptance letter, Narayanan confirmed that Vidhya Shankar would be relieved from the company's services on the specified date. The company has assured that any pending dues will be settled by the Accounts Department.
About the Outgoing Officer
In his resignation letter, K.Vidhya Shankar expressed gratitude to the Chairman, Board of Directors, company staff, auditors, and other team members for their support during his tenure. He acknowledged the assistance received in discharging his statutory obligations while serving the company.
Company Background
Bimetal Bearings Limited operates from its facility at Race Course Road, Coimbatore, and maintains its registered office at Huzur Gardens, Sembiam, Chennai. The company is part of the Amalgamations Group and holds multiple certifications including IATF 16949-2016, ISO 9001, ISO 14001, and ISO 45001, reflecting its commitment to quality and environmental standards.
Historical Stock Returns for Bimetal Bearings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.01% | -0.20% | -1.40% | -13.17% | +1.56% | +63.16% |
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