Nivaka Fashions Appoints New Company Secretary Amid Leadership Change
Nivaka Fashions Limited has appointed Ms. Sanjana Rajesh Gupta as the new Company Secretary and Compliance Officer, effective July 25, 2025. She replaces Ms. Monika Jain, who resigned citing personal reasons. The Board of Directors approved this change during a meeting on the same date. Ms. Gupta, an Associate Member of ICSI with membership number A77148, brings experience in secretarial and compliance matters under the Companies Act, 2013 and SEBI Regulations.
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Nivaka Fashions Limited has announced a significant change in its key managerial personnel, marking a transition in its corporate governance structure.
New Appointment
Ms. Sanjana Rajesh Gupta has been appointed as the new Company Secretary and Compliance Officer of Nivaka Fashions Limited, effective July 25, 2025. The appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee during a board meeting held on the same date.
Ms. Gupta, an Associate Member of the Institute of Company Secretaries of India (ICSI) with membership number A77148, brings valuable experience to her new role. Her expertise includes handling secretarial and compliance matters under the Companies Act, 2013 and SEBI Regulations. She is known for her proficiency in ensuring regulatory compliance and liaising with statutory authorities.
Outgoing Company Secretary
The appointment follows the resignation of Ms. Monika Jain from the position of Company Secretary and Compliance Officer. Ms. Jain, who held the membership number A55705, stepped down from her role citing personal reasons. Her resignation also took effect on July 25, 2025, coinciding with Ms. Gupta's appointment.
Board Meeting Outcome
The changes were formalized during a board meeting of Nivaka Fashions Limited on July 25, 2025. The meeting, which commenced at 18:15 and concluded at 18:40, addressed two key agenda items:
- Approval of Ms. Sanjana Rajesh Gupta's appointment as Company Secretary and Compliance Officer.
- Acceptance of Ms. Monika Jain's resignation from the same position.
Company Background
Nivaka Fashions Limited, formerly known as B.T. Syndicate Limited, operates under the brand name 'ninecolours'. The company is headquartered at AA-47, Salt Lake City Sec:1, BL-AA, Kolkata, West Bengal 700064, with its corporate office located in Bhiwandi, Thane.
This leadership change comes as part of Nivaka Fashions' ongoing commitment to maintaining high standards of corporate governance and ensuring compliance with regulatory requirements.
Investors and stakeholders are advised to take note of this change in the company's key managerial personnel.
Historical Stock Returns for Nivaka Fashions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.16% | +8.59% | +11.05% | +13.29% | +16.32% | -54.58% |
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