Nutricircle Limited Announces Resignation of Company Secretary and Compliance Officer

1 min read     Updated on 17 Oct 2025, 08:11 PM
scanx
Reviewed by
Naman SScanX News Team
Overview

Nutricircle Limited (BSE: 530219) announced the resignation of Mrs. Daljeet Kaur from her position as Company Secretary and Compliance Officer, effective October 17, 2025. The company is actively searching for a suitable replacement and has committed to notifying the BSE once a new appointment is made. The resignation was disclosed in compliance with SEBI regulations, fulfilling the company's obligations under Regulation 30 of the SEBI (LODR) Regulations, 2015.

22257684

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

Nutricircle Limited , a company listed on the Bombay Stock Exchange (BSE: 530219), has announced the resignation of its Company Secretary and Compliance Officer, Mrs. Daljeet Kaur. The resignation, effective October 17, 2025, was communicated to the stock exchange in compliance with regulatory requirements.

Key Details of the Resignation

Aspect Details
Resigning Officer Mrs. Daljeet Kaur
Position Company Secretary and Compliance Officer
Effective Date October 17, 2025
Reason As mentioned in the resignation letter (specifics not disclosed)

Company's Response and Next Steps

Nutricircle Limited has informed the BSE that it is actively searching for a suitable candidate to fill the vacant position. The company has committed to notifying the stock exchange once a replacement is appointed, ensuring transparency in its corporate governance processes.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. This includes providing the necessary details as per SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015.

Impact on Operations

Nutricircle Limited has not provided any information regarding potential impacts on its day-to-day operations following this resignation. The company's management is expected to manage the transition period until a new Company Secretary and Compliance Officer is appointed.

Investors and stakeholders of Nutricircle Limited should stay tuned for further updates regarding the appointment of a new Company Secretary and Compliance Officer, as this position plays a crucial role in ensuring regulatory compliance and smooth corporate governance.

Historical Stock Returns for Nutricircle

1 Day5 Days1 Month6 Months1 Year5 Years
+4.98%+12.68%+21.62%+61.00%+15.13%+600.14%
Nutricircle
View in Depthredirect
like20
dislike

Nutricircle Limited Inks Exclusive Distribution Deal with Barentz for Life Science Ingredients

1 min read     Updated on 26 Aug 2025, 06:41 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

Nutricircle Limited has entered into an exclusive distribution agreement with Barentz Distribution India Private Limited for marketing and distributing its life science ingredients. The five-year agreement, signed on August 25, 2025, appoints Barentz as the sole distributor in the specified territory. Nutricircle must fulfill orders within 115% of estimated annual volume, with payments in Indian Rupees due within 60 days. The deal is not a related party transaction and complies with SEBI regulations.

17759503

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

Nutricircle Limited , a company specializing in life science ingredients, has entered into a significant exclusive distribution agreement with Barentz Distribution India Private Limited. The deal, signed on August 25, 2025, marks a strategic move for Nutricircle to expand its market reach and distribution capabilities.

Key Details of the Agreement

The agreement appoints Barentz as the exclusive distributor for marketing, distribution, and resale of Nutricircle's products in the specified territory. This exclusivity clause means that Nutricircle will refrain from appointing other distributors or directly supplying its products to any other entity in the designated area.

Terms and Conditions

  • Duration: The agreement has an initial term of five years from the effective date and will automatically renew for additional one-year periods unless terminated with six months' written notice.

  • Order Fulfillment: Nutricircle, as the principal, must accept all purchase orders from Barentz within 115.00% of the estimated annual volume requirements. The company will also make best efforts to fulfill orders exceeding this threshold.

  • Payment Terms: All payments will be made in Indian Rupees within 60 days of the invoice date.

Strategic Implications

This partnership leverages Barentz's position as a global distributor of life science ingredients, potentially opening new markets for Nutricircle's products. The agreement's structure suggests a commitment to long-term collaboration between the two companies.

Transparency and Compliance

Nutricircle Limited has confirmed that this transaction does not fall within the category of related party transactions, and neither party is related to promoter groups. This disclosure aligns with the company's commitment to transparency and compliance with Securities and Exchange Board of India (SEBI) regulations.

Market Impact

While the financial details of the agreement have not been disclosed, the exclusive nature of the partnership could potentially lead to increased sales volumes for Nutricircle Limited. Investors and market analysts will likely keep a close eye on how this agreement impacts the company's future financial performance and market position in the life science ingredients sector.

As the agreement takes effect, stakeholders will be watching for any noticeable changes in Nutricircle's business operations and financial results in the coming quarters.

Historical Stock Returns for Nutricircle

1 Day5 Days1 Month6 Months1 Year5 Years
+4.98%+12.68%+21.62%+61.00%+15.13%+600.14%
Nutricircle
View in Depthredirect
like20
dislike
More News on Nutricircle
Explore Other Articles
259.05
+12.30
(+4.98%)