ICODEX Publishing Solutions Limited has submitted a clarification to BSE Limited regarding the delayed disclosure of its Chief Financial Officer's resignation. The company provided additional details following BSE's observation about the timing discrepancy in the regulatory filing.

CFO Resignation Details

Vaibhav Ashok Rupnar stepped down from his position as CFO effective March 4, 2026. The resignation was submitted with immediate effect, citing preoccupations with other professional commitments as the primary reason for departure.

BSE Clarification Request

BSE Limited observed a discrepancy in the company's initial disclosure, specifically requesting clarification for the delay in informing the exchange within 24 hours of the effective resignation date. The exchange also sought confirmation of the actual resignation date as part of regulatory compliance requirements.

Company's Response and Explanation

In its clarification dated March 10, 2026, ICODEX Publishing Solutions explained that the delay in disclosure was due to administrative transition and internal coordination required following the resignation of key managerial personnel. The company characterized the delay as inadvertent in nature.

Regulatory Compliance Measures

The company has assured BSE that necessary steps have been implemented to ensure timely compliance with all applicable regulatory disclosure requirements going forward. The clarification was submitted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Managing Director Kamalakkannan Govindaraj signed both the original disclosure and the subsequent clarification on behalf of the company. The resignation letter, dated March 4, 2026, expressed gratitude toward the company's management and employees for their support during Rupnar's tenure as CFO.

Icodex Publishing Solutions Limited has announced a key managerial personnel change with the resignation of its Whole-Time Company Secretary. The development was formally communicated to the stock exchanges following a Board meeting held on 11th March 2026.

Board Meeting and Regulatory Compliance

The Board of Directors of Icodex Publishing Solutions Limited convened on 11th March 2026 to address the resignation matter. The meeting was conducted in accordance with regulatory requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive documentation to BSE Limited regarding this personnel change.

Company Secretary Resignation Details

The resignation particulars have been presented in compliance with regulatory disclosure requirements:

Formal Resignation Communication

CS Mohini Talhar submitted her formal resignation letter dated 04th March 2026, addressing the Board of Directors directly. In her communication, she cited personal reasons as the basis for her immediate departure from the position. The resignation letter requested the Board to accept her resignation and complete necessary statutory formalities, including filing the required e-Form DIR-12 with the Registrar of Companies.

Regulatory Documentation

The company has fulfilled its disclosure obligations by providing detailed information under SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. All required annexures and supporting documentation have been submitted to the stock exchange as part of the compliance process. The Managing Director, Kamalakkannan Govindaraj, has signed the official communication on behalf of the company.

Corporate Governance Impact

The departure of the Whole-Time Company Secretary represents a significant change in the company's key managerial personnel structure. Ms. Talhar expressed gratitude to the Board of Directors for their support and cooperation during her tenure with the organization. The company will need to initiate the process of identifying and appointing a suitable replacement to ensure continuity in corporate secretarial functions and regulatory compliance.