Kusam Electrical Industries has resubmitted its announcement regarding the resignation of Company Secretary Ms. Amruta Kiran Lokhande to the Bombay Stock Exchange (BSE), following a request for clarification about delayed compliance reporting.

BSE Clarification and Resubmission

The company initially announced the resignation on November 05, 2025, but received an inquiry from BSE on November 06, 2025, regarding the delay in reporting within the mandatory 24-hour timeframe as required under SEBI Circular No. SEBI/HO/CFD/PoD2/P/CIR/P/0155 dated November 11, 2024.

Resignation Details

Company's Explanation

Kusam Electrical Industries explained that the delay occurred inadvertently as the company did not have a Company Secretary and Compliance Officer in place immediately upon Ms. Lokhande's resignation. Consequently, there was no designated compliance officer available to prepare and submit the intimation within the prescribed timeline.

The company has expressed regret for the delay and assured that it has strengthened its internal compliance and reporting mechanisms to ensure timely disclosures and strict adherence to regulatory requirements in the future.

Regulatory Compliance

The resubmission was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided complete details along with the resignation letter for BSE's records and has committed to informing the exchange once a new Company Secretary and Compliance Officer is appointed.

Kusam Electrical Industries has announced the sad demise of its Director, Shri Jhanwarlal Bhanwarlal Sipani, who passed away on November 15, 2025. The company informed the Bombay Stock Exchange about this development on December 13, 2025, in compliance with regulatory requirements.

Regulatory Disclosure Details

The company filed the intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was communicated to the company by the family members of the deceased director on December 13, 2025.

Company's Response

Kusam Electrical Industries expressed that Shri Jhanwarlal Bhanwarlal Sipani's unexpected demise will be an irreparable loss to the company. All directors and employees have conveyed their deep sympathy, sorrow, and condolences to his family during this difficult time.

Compliance Framework

The disclosure was made in accordance with the mandatory requirements under SEBI regulations for listed companies. The company has submitted all necessary documentation to the stock exchange, including the detailed annexure with specific disclosure requirements as mandated by the regulatory framework.

The communication was signed by Naval Sushil Jha, Chief Financial Officer of Kusam Electrical Industries, ensuring proper corporate governance protocols were followed in making this announcement to stakeholders and the investing public.