Sandesh Limited has announced the resignation of its Company Secretary and Compliance Officer, marking a significant change in the company's key managerial personnel. The disclosure was made in accordance with regulatory requirements under SEBI listing obligations.

Key Personnel Change Details

Mr. Hardik Patel, holding ICSI Membership Number A55828, submitted his resignation from the position of Company Secretary and Compliance Officer on April 19, 2025. The resignation became effective from May 21, 2025, after the closure of business hours, with personal reasons cited as the primary factor for his departure.

Regulatory Compliance and Formalities

The company has fulfilled all necessary regulatory requirements following Patel's resignation. Under the provisions of the Companies Act, 2013, and Regulation 30(5) of the Listing Regulations, Patel ceased to be a Key Managerial Personnel effective from May 21, 2025. The disclosure was made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Patel confirmed in his resignation letter that there were no material reasons for his departure beyond the personal reasons stated. He expressed gratitude to the Board of Directors and management for their support during his tenure, describing the experience as invaluable to his professional journey.

Documentation and Disclosure Process

The company's disclosure included comprehensive documentation as required under SEBI Circular Number SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The formal announcement was filed with BSE Limited, referencing the company's script code 526725. The disclosure followed an earlier intimation dated May 24, 2025, with BSE Limited subsequently instructing the submission of a fresh corporate announcement on January 12, 2026.

In his resignation letter, Patel requested that his departure be noted at the forthcoming Board of Directors meeting and that the company complete all requisite filings with the Registrar of Companies, Stock Exchanges, and other regulatory bodies. He extended best wishes to Sandesh Limited for continued growth and success in future endeavors.

Corporate Governance Impact

The resignation represents a change in the company's compliance structure, as the Company Secretary and Compliance Officer role is crucial for regulatory adherence and corporate governance. The position carries responsibility for ensuring compliance with listing regulations and making required disclosures to stock exchanges regarding material events or transactions. Sandesh Limited has indicated that all formalities related to the resignation have been completed in accordance with applicable regulations.

Sandesh Limited has notified the BSE and NSE about SEBI's special window facility for re-lodgement of physical share transfer deeds, as announced through regulatory filing on December 11, 2025. The initiative provides eligible investors an opportunity to complete previously unsuccessful share transfer requests under specific conditions.

SEBI Special Window Details

The Securities and Exchange Board of India opened this special facility through circular SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 2, 2025. The window addresses transfer deeds that faced processing issues in the past due to various administrative challenges.

Eligibility Criteria and Process

The facility specifically targets transfer deeds that were previously rejected, returned, or remained unprocessed due to incomplete documents, procedural deficiencies, or other administrative reasons. All securities re-lodged for transfer during this period will be issued exclusively in demat form, following the prescribed process for transfer-cum-demat requests.

Eligible investors must re-lodge their physical share transfer requests with the company's Registrar and Share Transfer Agent (RTA) within the specified timeframe. The designated RTA is MCS Share Transfer Agent Limited, located at 201, Shatdal Complex, 2nd Floor, Ashram Road, Ahmedabad-380009, Gujarat.

Contact Information and Documentation

As per regulatory requirements, Sandesh Limited published the notice in Financial Express (English) and Sandesh (Gujarati) newspapers on Thursday, December 11, 2025. The company has submitted the newspaper publication copy along with the stock exchange intimation to maintain compliance with disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

The announcement demonstrates Sandesh Limited's commitment to facilitating shareholder services and ensuring compliance with SEBI directives. The special window represents a significant opportunity for investors who previously faced challenges in completing their share transfer processes due to documentation or procedural issues before the April 2019 cutoff date.