Mishka Exim Limited has announced a significant change in its key managerial personnel. The company's Company Secretary and Compliance Officer, Mrs. Priyanka Pathak, has tendered her resignation, citing personal reasons.

Key Details of the Resignation

Regulatory Compliance

In adherence to the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, Mishka Exim Limited has duly informed the BSE Limited about this change in key managerial personnel. The company has provided the necessary details as required under SEBI regulations, including the resignation letter and an annexure with specific information about the change.

Company's Response

The company acknowledged Mrs. Pathak's contribution in a formal communication to the BSE. Rajneesh Gupta, the Managing Director of Mishka Exim Limited, signed the intimation letter, confirming the company's compliance with regulatory requirements in disclosing this information.

Impact and Next Steps

The resignation of a Company Secretary and Compliance Officer is a significant event for any listed company. Mishka Exim Limited has not yet announced a successor to Mrs. Pathak. Investors and stakeholders may be watching for announcements regarding the appointment of a new Company Secretary and Compliance Officer to ensure continued smooth operations and regulatory compliance.

This development underscores the importance of key managerial personnel in maintaining corporate governance standards and highlights the need for companies to have robust succession planning in place for crucial roles.

Mishka Exim Limited , a company listed on the Bombay Stock Exchange (BSE: 539220), has announced significant leadership changes and the results of its 11th Annual General Meeting (AGM). The company has made several key appointments and re-appointments, demonstrating its commitment to strengthening its leadership team and corporate governance.

New Independent Director Appointment

Mr. Naresh Kumar Garg (DIN: 02290538) has been appointed as a Non-Executive Independent Director for a five-year term. Mr. Garg brings over 35 years of experience in finance and accounts to the board. He previously served as Assistant General Manager Finance & Accounts at Sunstar Forgins Ltd until his retirement in January 2021.

Managing Director Re-appointment

The company has re-appointed Mr. Rajneesh Gupta (DIN: 00132141) as Managing Director for a three-year term. Mr. Gupta, a Chartered Accountant, has more than 35 years of experience in equity share markets and possesses up-to-date knowledge of market conditions and regulatory changes affecting investments.

Secretarial Auditor Re-appointment

M/s. Parveen Rastogi and Co., Practicing Company Secretaries, has been re-appointed as the Secretarial Auditor for a term of five years.

Board Committee Changes

Following the completion of Mr. Akhil Mohan Gupta's term as Non-Executive Independent Director, the company has reconstituted its Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. Mr. Naresh Kumar Garg will replace Mr. Akhil Mohan Gupta in these committees.

AGM Voting Results

The company's 11th AGM saw strong shareholder participation with all resolutions passed with requisite majorities. Key resolutions included:

1. Adoption of audited financial statements
2. Re-appointment of Mr. Rajneesh Gupta as a director liable to retire by rotation
3. Appointment of Mr. Naresh Kumar Garg as Non-Executive Independent Director
4. Re-appointment of Mr. Rajneesh Gupta as Managing Director
5. Appointment of M/s. Parveen Rastogi and Co. as Secretarial Auditors

The voting results showed overwhelming support for all resolutions, with each receiving over 99.99% votes in favor.

These changes and approvals reflect Mishka Exim Limited's focus on maintaining strong corporate governance and ensuring experienced leadership at the helm of the company. The new appointments and re-appointments are expected to contribute to the company's strategic direction and growth in the coming years.