Cosmic CRF Limited has officially announced key leadership changes in its secretarial function following a board meeting conducted on December 26, 2025. The company disclosed significant transitions in its key managerial personnel under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, through formal communication to BSE Limited.

Board Meeting Outcome and Regulatory Compliance

The board meeting was conducted on Friday, December 26, 2025, commencing at 11:30 AM and concluding at 3:30 PM. The company fulfilled all disclosure requirements under Regulation 30 of SEBI LODR Regulations, providing detailed annexures with complete information about both the resignation and appointment as mandated by regulatory guidelines.

Company Secretary Resignation Details

The board accepted the resignation of Ms. Trupti Upadhyay from her position as Company Secretary and Compliance Officer. Ms. Upadhyay submitted her resignation letter on November 11, 2025, citing personal reasons for her decision to step down from her role. Her resignation becomes effective from the close of business hours on Friday, December 26, 2025.

Ms. Upadhyay confirmed that there are no other material reasons for her resignation beyond those stated in her resignation letter. She expressed gratitude to the management and colleagues for providing an excellent work environment during her tenure and wished the company continued growth and success.

New Company Secretary Appointment

The board simultaneously approved the appointment of Ms. Priya Sayani as the new Company Secretary and Compliance Officer, effective January 1, 2026. The appointment was made based on the recommendation of the Nomination and Remuneration Committee.

Ms. Sayani brings requisite qualifications and skills in secretarial compliance, having undertaken various assignments in her professional career. She possesses sound experience in corporate laws and listing regulations, positioning her well for the compliance responsibilities under Regulation 6(1) of SEBI LODR Regulations.

Official Communication and Documentation

The company has submitted all necessary forms and documents to BSE Limited and other regulatory authorities as required. The formal communication was signed by Managing Director Aditya Vikram Birla (DIN: 06613927) and includes comprehensive annexures detailing both the resignation and appointment processes in compliance with SEBI circulars dated July 13, 2023, and November 11, 2024.

Cosmic CRF Limited , a key player in the manufacturing sector, has received a significant boost to its creditworthiness, as reported by Infomerics Valuation and Rating Limited. The credit rating agency has upgraded the company's long-term bank facilities rating and assigned a new rating for its short-term facilities, reflecting an improved financial and operational performance.

Credit Rating Upgrade Details

Implications of the Upgrade

The upgrade in Cosmic CRF Limited's credit rating is a positive development that carries several implications:

1. Enhanced Creditworthiness: The move from IVR BBB to IVR BBB+ for long-term facilities indicates a stronger capacity to meet financial commitments. This upgrade suggests that the company's risk profile has improved, potentially leading to better terms in future financial dealings.

2. Short-term Stability: The newly assigned IVR A2 rating for short-term facilities demonstrates a strong degree of safety regarding timely payment of financial obligations. This rating is particularly important for the company's working capital management and short-term liquidity.

3. Improved Financial Performance: The rating action reflects an enhancement in Cosmic CRF Limited's operational and financial metrics. While specific details are not provided, this suggests the company has likely seen improvements in areas such as revenue, profitability, or cash flow management.

4. Better Banking Relationships: With improved ratings, Cosmic CRF Limited may be in a position to negotiate more favorable terms with its banking partners, potentially leading to lower interest rates or increased credit limits.

5. Investor Confidence: The upgrade can serve as a positive signal to investors and stakeholders, potentially improving the company's standing in the financial markets.

Looking Ahead

While the credit rating upgrade is certainly a positive development for Cosmic CRF Limited, it's important for investors and stakeholders to continue monitoring the company's performance. The 'Stable' outlook suggests that Infomerics expects the company to maintain its improved financial profile in the near term.

As always, potential investors should conduct their own due diligence and consider a wide range of factors beyond credit ratings when making investment decisions. The company's future performance will depend on its ability to capitalize on this improved financial standing and navigate the challenges and opportunities in its industry sector.

Cosmic CRF Limited's management will likely aim to build on this positive momentum, focusing on strategies that can further strengthen the company's financial position and operational efficiency in the coming quarters.