Kalyani Investment Company Limited (KICL) has announced the resignation of its Chief Executive Officer and Chief Financial Officer, Shekhar D. Bhivpathaki. The company disclosed this information in a regulatory filing to the stock exchanges on October 29, 2025.

Key Details of the Resignation

Regulatory Compliance

The company has made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. KICL has also provided additional details as required under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Bhivpathaki's Farewell

In his resignation letter, Bhivpathaki expressed gratitude to the Chairman and Board of Directors for the opportunity to work with the company. He stated, "I consider the time spent in this organization to be most learning and rewarding." He also thanked the staff for their support and confidence during his tenure.

Transition Process

Bhivpathaki has committed to completing all handover formalities by his last day of service. The company has not yet announced any information regarding his successor or interim arrangements for the CEO and CFO positions.

This development marks a significant change in the top management of Kalyani Investment Company Limited. Investors and stakeholders will likely be watching closely for any announcements regarding the appointment of a new CEO and CFO in the coming weeks.

Kalyani Investment Company Limited (KICL) has announced a Special Call Auction for its equity shares, scheduled for October 29, 2025, on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). This development comes as part of a broader initiative for Investment Holding Companies (IHCs) and aims to facilitate price discovery for KICL's shares.

Key Details of the Special Call Auction

Background and Significance

The special auction process follows circulars issued by NSE and BSE on October 15, 2025, which are in line with the Securities and Exchange Board of India (SEBI) regulations for Investment Holding Companies. KICL, identified as an eligible IHC, will participate in this process to determine a fair market price for its shares.

Company's Official Communication

In an official intimation to the stock exchanges dated October 17, 2025, Nihal Gupta, Company Secretary & Compliance Officer of Kalyani Investment Company Limited, confirmed the company's participation in the Special Call Auction. The communication emphasized that this auction is specifically for price discovery purposes.

Implications for Investors

This Special Call Auction presents a unique opportunity for market participants to engage in the price discovery process for KICL's shares. It may potentially lead to more accurate valuation and increased liquidity for the stock. Investors and market watchers are advised to closely monitor the outcomes of this auction, as it could influence future trading patterns and valuations of KICL shares.

The implementation of such auctions for Investment Holding Companies reflects SEBI's ongoing efforts to enhance transparency and efficiency in the Indian capital markets, particularly for companies with complex holding structures.

As the auction date approaches, stakeholders are encouraged to stay informed about any additional guidelines or information that may be released by the regulatory bodies or the company itself.