Jetking Infotrain Limited, a company listed on the Bombay Stock Exchange (BSE: 517063), has announced the resignation of its Company Secretary, Compliance Officer, and Nodal Officer, Deepesh Shah. The company disclosed this information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Resignation

Company's Response

Jetking Infotrain Limited has accepted Shah's resignation and is actively seeking a suitable replacement. The company has committed to informing the stock exchanges once the vacancy is filled.

Compliance and Transition

As part of the transition process, Jetking Infotrain Limited will:

1. File necessary forms with the Registrar of Companies and Ministry of Corporate Affairs
2. Provide intimation to the stock exchanges regarding the change in Key Managerial Personnel

Upcoming Board Meeting

In related news, Jetking Infotrain Limited has scheduled a Board of Directors meeting for November 6, 2025. The agenda includes:

• Consideration and approval of unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2025
• The trading window for the company's securities will remain closed from October 1, 2025, until 48 hours after the announcement of the financial results

This corporate action highlights the importance of maintaining transparency and adhering to regulatory requirements in the Indian corporate governance landscape. Stakeholders will be keenly watching for updates on the appointment of a new Company Secretary and the upcoming financial results.

Jetking Infotrain Limited , a company listed on the Bombay Stock Exchange (BSE), has taken a significant step by filing an appeal with the Securities Appellate Tribunal (SAT) against BSE's decision to return its listing application for the allotment of equity shares on a preferential basis.

Background of the Dispute

The controversy stems from BSE's reversal of its initial stance on Jetking's listing application. Here's a breakdown of the key events:

Reasons for BSE's Decision

BSE cited two primary reasons for returning Jetking Infotrain's listing application:

1. Investments in Virtual Digital Assets (VDAs) are considered speculative in nature.
2. The policy regarding VDAs is currently under consideration.

Jetking's Perspective

Jetking Infotrain argues that BSE's decision is inconsistent with its earlier actions. The company contends that:

• BSE was aware of the intended use of proceeds when granting the initial approval.
• The company had already raised funds and invested in VDAs based on the initial approval.
• BSE's subsequent retraction of its position has led to this legal challenge.

Financial Implications

According to the company's disclosure:

• No expected financial implications have been specified.
• The quantum of claims related to this matter has not been determined.

Looking Ahead

The outcome of this appeal at the Securities Appellate Tribunal could have significant implications for companies seeking to invest in Virtual Digital Assets. It may also set a precedent for how regulatory bodies handle approvals related to emerging asset classes like VDAs.

As the policy regarding VDAs is still under consideration, this case might influence future regulatory frameworks in the Indian financial markets, particularly concerning the intersection of traditional securities and digital assets.

Investors and market participants will be closely watching this case, as it could provide insights into the evolving regulatory landscape for digital assets in India's financial markets.