Mahalaxmi Rubtech Limited Announces Resignation of Company Secretary

1 min read     Updated on 01 Nov 2025, 06:04 PM
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Radhika SahaniScanX News Team
Overview

CS Kalpana Kumari, Company Secretary and Compliance Officer of Mahalaxmi Rubtech Limited, has resigned effective November 15, 2025. She cited better career opportunities as the reason for her departure. The company, which specializes in offset printing blankets and technical coated fabrics, has disclosed this information to the BSE and NSE in compliance with SEBI regulations. A two-week transition period is in place before the resignation takes effect.

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Mahalaxmi Rubtech Limited , a company specializing in offset printing blankets and technical coated fabrics, has announced a change in its key personnel. CS Kalpana Kumari, who served as the Company Secretary and Compliance Officer, has tendered her resignation, citing career growth opportunities as the reason for her departure.

Key Details of the Resignation

Aspect Details
Resigning Officer CS Kalpana Kumari (ICSI Membership No. A51657)
Position Company Secretary & Compliance Officer (Key Managerial Person)
Resignation Date November 1, 2025
Effective Date November 15, 2025
Reason for Resignation Better career opportunities and prospects for future growth

Corporate Governance and Compliance

In adherence to regulatory requirements, Mahalaxmi Rubtech Limited has disclosed this development to both the BSE Limited and the National Stock Exchange of India. This disclosure aligns with Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company's Response

The company has acknowledged CS Kalpana Kumari's contribution during her tenure. Jeetmal B. Parekh, the Chairman of Mahalaxmi Rubtech Limited, signed the official communication to the stock exchanges, ensuring transparency in the company's operations and changes in key managerial personnel.

Transition Period

The resignation is effective from November 15, 2025, providing the company with a two-week transition period. This timeframe may allow for a handover of responsibilities and potentially initiate the process of finding a suitable replacement for the role of Company Secretary and Compliance Officer.

The departure of a key managerial person, especially one responsible for ensuring regulatory compliance, is a significant event for a listed company. Shareholders and market observers will likely be interested in how Mahalaxmi Rubtech Limited manages this transition and maintains its compliance standards in the interim period.

Historical Stock Returns for Mahalaxmi Rubtech

1 Day5 Days1 Month6 Months1 Year5 Years
-0.34%+0.30%-5.08%-3.18%+32.19%+304.31%
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Mahalaxmi Rubtech CFO Rajendra Ratanchand Mehta Resigns, Effective November 30, 2025

1 min read     Updated on 10 Oct 2025, 06:13 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Mahalaxmi Rubtech Limited (MRT) announced the resignation of its Chief Financial Officer, Rajendra Ratanchand Mehta, effective November 30, 2025. Mehta cited pursuing better opportunities as the reason for his departure. He has committed to ensuring a proper transition and handover of his duties. The company's board, led by Chairman Jeetmal B. Parekh, has accepted the resignation.

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*this image is generated using AI for illustrative purposes only.

Mahalaxmi Rubtech Limited (MRT), a company specializing in offset printing blankets and technical coated fabrics, has announced the resignation of its Chief Financial Officer (CFO), Rajendra Ratanchand Mehta. The company disclosed this information in a regulatory filing to the stock exchanges on October 10, 2025.

Key Details of the Resignation

Aspect Details
Resignation Date October 9, 2025
Effective Date November 30, 2025
Position Chief Financial Officer (Key Managerial Person)
Reason Cited To embark upon a new journey and pursue better opportunities

Transition Process

Mehta has expressed his commitment to ensuring a proper transition and handover of his duties. In his resignation letter, he stated, "I am fully committed to ensure there is a proper transition and handover." This commitment suggests that the company is likely to have a smooth transition period as it searches for a new CFO.

Company's Response

The company's board, represented by Chairman Jeetmal B. Parekh (DIN: 00512415), has accepted Mehta's resignation. In compliance with regulatory requirements, Mahalaxmi Rubtech Limited has promptly informed the stock exchanges about this development.

Impact and Next Steps

While the departure of a key executive like the CFO can potentially impact a company's financial strategy and operations, Mahalaxmi Rubtech Limited has not provided any immediate information regarding a successor or interim arrangements.

The company's proactive disclosure and the CFO's commitment to a smooth transition suggest that Mahalaxmi Rubtech Limited is taking steps to manage this change in leadership effectively. However, as with any significant personnel change at the executive level, it will be important to monitor how this transition affects the company's financial management and reporting processes in the short to medium term.

Mahalaxmi Rubtech Limited continues to operate its business in the specialized sectors of offset printing blankets and technical coated fabrics.

Historical Stock Returns for Mahalaxmi Rubtech

1 Day5 Days1 Month6 Months1 Year5 Years
-0.34%+0.30%-5.08%-3.18%+32.19%+304.31%
Mahalaxmi Rubtech
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