Mega Corporation Limited has officially filed regulatory disclosures regarding the resignation of Mr. Shashwat Chaudhary from his position as Company Secretary cum Compliance Officer. The company submitted the formal notification to BSE Limited on January 16, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Official Regulatory Filing

The company's disclosure, signed by Director Kunal Lalani (DIN: 00002756), confirms that Chaudhary tendered his resignation to pursue opportunities outside the organization. The filing explicitly states there are no material reasons for his resignation beyond the career decision mentioned.

Resignation Timeline and Documentation

According to the official documentation, Chaudhary submitted his resignation letter on December 17, 2025, citing personal reasons for his departure. His appointment letter dated March 12, 2025, stipulated a 30-day notice period, which he honored completely.

Transition and Compliance Commitment

In his resignation letter addressed to the Board of Directors, Chaudhary committed to ensuring a smooth handover of his duties, responsibilities, records, and statutory compliances during the notice period. He pledged full cooperation to facilitate an orderly transition and expressed gratitude to the Board of Directors, management, and colleagues for their support during his tenure.

Regulatory Compliance Framework

The disclosure complies with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, with all requisite details provided as per Schedule III of the Listing Regulations. The company submitted comprehensive documentation including the resignation letter as Annexure-II and detailed change particulars as Annexure-I to BSE Limited.

Mega Corporation Limited has announced the appointment of Mr. Vikram Anand as Chief Financial Officer, effective December 31, 2025. The appointment was approved by the Board of Directors at their meeting held on December 31, 2025, following a recommendation from the Nomination and Remuneration Committee.

Board Approval and Regulatory Compliance

The Board meeting, which commenced at 3:00 PM and concluded at 3:30 PM on December 31, 2025, formally approved Mr. Anand's appointment as CFO. The company has informed BSE Limited about this key managerial personnel change in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Profile of the New CFO

Mr. Vikram Anand brings significant expertise to his new role as Chief Financial Officer. He is an Electrical Engineer by qualification and has established himself as an experienced professional in the mobility industry. His background includes being a thought leader in skill development, and he maintains current knowledge of the latest technological trends driving India's mobility sector.

Professional Experience

Mr. Anand has over four years of experience in the mobility business, positioning him well to contribute to Mega Corporation Limited's financial leadership. His technical background combined with his industry experience provides a strong foundation for his CFO responsibilities.

Corporate Governance

The appointment process followed proper corporate governance protocols, with the Nomination and Remuneration Committee recommending Mr. Anand's appointment before Board approval. The company has disclosed that there are no relationships between directors in connection with this appointment, ensuring transparency in the selection process.

The appointment strengthens Mega Corporation Limited's leadership team as the company continues its operations in the finance sector. Mr. Anand's technical background and industry experience are expected to contribute to the company's financial management and strategic direction.