Prismx Global Ventures Limited has announced a significant change in its corporate structure with the appointment of Ms. Monali Bohra as the new Company Secretary and Compliance Officer. This decision, approved by the company's Board of Directors, marks an important step in strengthening the company's governance framework.

Key Appointment Details

Appointment Process and Timing

The appointment of Ms. Bohra came after careful consideration and recommendation by the Nomination and Remuneration Committee. The Board of Directors convened on October 24, 2025, from 12:30 PM to 1:20 PM, where they approved this significant appointment.

Significance of the Role

As the Company Secretary and Compliance Officer, Ms. Bohra will play a crucial role in ensuring Prismx Global Ventures Limited adheres to regulatory requirements and maintains good corporate governance practices. Her designation as a Key Managerial Personnel underscores the importance of her position within the company's leadership structure.

Compliance with Regulatory Requirements

This appointment and its announcement comply with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company promptly informed the BSE Limited about this development, demonstrating its commitment to transparency and regulatory compliance.

Conclusion

The appointment of Ms. Monali Bohra as Company Secretary and Compliance Officer represents Prismx Global Ventures Limited's ongoing efforts to strengthen its corporate governance. With her experience and qualifications, Ms. Bohra is well-positioned to contribute to the company's compliance and secretarial functions, potentially enhancing its operational efficiency and regulatory adherence.

Prismx Global Ventures announced on August 20, 2025, that its statutory auditors, M/s. Bansal Gourav & Associates, Chartered Accountants, have resigned from their position. The resignation, effective August 19, 2025, comes as a result of the auditors' inability to devote sufficient time to the company's affairs due to pre-existing professional commitments.

Resignation Details

The company disclosed the auditor's resignation in a regulatory filing to the Bombay Stock Exchange (BSE) under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s. Bansal Gourav & Associates, who held the Firm Registration Number 155908W, cited 'pre-occupation with other assignments and professional commitments' as the primary reason for their departure.

Auditor's Statement

In their resignation letter, the auditors confirmed that there were no other material reasons behind their decision to step down. This statement aligns with the regulatory requirements set forth by the Securities and Exchange Board of India (SEBI) in its recent master circulars.

Company's Response

Ravindra Bhaskar Deshmukh, Director of Prismx Global Ventures, stated in the filing that the company is actively working on appointing a new Statutory Auditor. He assured stakeholders that the company would ensure compliance with all applicable regulatory requirements during this transition.

Regulatory Compliance

The company's disclosure adheres to the SEBI master circulars issued on July 11, 2023, and November 11, 2024, which outline the procedures for the resignation of statutory auditors from listed entities. In line with these regulations, Prismx Global Ventures has provided:

1. A copy of the resignation letter submitted by the Statutory Auditors (Annexure-A)
2. Information obtained from the Statutory Auditors as per the prescribed format outlined in the SEBI Master Circular (Annexure-B)

Looking Ahead

As Prismx Global Ventures navigates this change in its audit leadership, investors and stakeholders will likely be watching closely for the appointment of new statutory auditors. The company's commitment to regulatory compliance and transparent communication during this transition period is crucial for maintaining investor confidence.

The management's prompt disclosure and assurance of a swift replacement process demonstrate their dedication to upholding good corporate governance practices. Further updates on the new auditor appointment are expected to be communicated to the stock exchange and shareholders in due course.