O.P. Chains Limited's Internal Auditor Resigns, Citing Professional Commitments
Mrs. Bhumika Parwani, Internal Auditor of OP Chains (BSE: 539116), has resigned effective August 18, 2025, due to other professional commitments. The company's Managing Director, Satish Kumar Goyal, informed the stock exchange in compliance with SEBI regulations. Parwani confirmed no material reasons for resignation beyond those stated. OP Chains is expected to appoint a new internal auditor to maintain regulatory compliance and internal control systems.
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OP Chains , a company listed on the Bombay Stock Exchange (BSE: 539116), has announced the resignation of its Internal Auditor, Mrs. Bhumika Parwani. The resignation, effective August 18, 2025, comes as Parwani cites preoccupation with other professional assignments.
Resignation Details
Mrs. Bhumika Parwani, a Practicing Chartered Accountant (Membership No: 463162), has served as the Internal Auditor for OP Chains. In her resignation letter dated August 18, 2025, Parwani stated that due to her involvement in other professional commitments, she would be unable to continue in her current role with the company.
Company's Response
The company's Managing Director, Satish Kumar Goyal, informed the stock exchange about this development in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.
Key Points of the Resignation
- Effective Date: Mrs. Parwani will cease to act as the Internal Auditor of OP Chains from August 18, 2025.
- Reason: The resignation is attributed to preoccupation with other professional assignments.
- Confirmation: Parwani has confirmed that there are no material reasons for her resignation beyond those stated in her resignation letter.
- Audit Responsibilities: She will no longer be responsible for conducting internal audits for the company from the effective date.
Regulatory Compliance
OP Chains has duly informed the BSE about this change in compliance with SEBI regulations. The company has also provided additional details as required under SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
The resignation of an internal auditor is a significant event for any publicly listed company. While OP Chains has not announced a replacement for Mrs. Parwani, the company is expected to appoint a new internal auditor to ensure continued compliance with regulatory requirements and maintain robust internal control systems.
Historical Stock Returns for OP Chains
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +181.91% |
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