SM Auto Stamping Limited has formally announced the resignation of its Company Secretary and Compliance Officer, Pawan Mahajan, effective April 30, 2026. The company submitted the resignation intimation to BSE Limited on March 4, 2026, in compliance with regulatory requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

The company received and accepted Mahajan's resignation letter on March 4, 2026, with his departure scheduled for the closure of business hours on Thursday, April 30, 2026. In his resignation letter, Mahajan cited his intention to pursue an alternate career opportunity outside the organization.

Regulatory Compliance and Documentation

The intimation was made in accordance with multiple SEBI regulations and circulars, including Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced compliance with SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024.

The formal documentation includes an annexure providing detailed disclosure requirements as mandated by SEBI regulations. The resignation information has also been uploaded on the company's website at smautostamping.com/investors.html for public access.

Management Communication

Mukund Narayan Kulkarni, Managing Director (DIN: 00248797), digitally signed the resignation intimation documents on March 4, 2026. In his resignation letter, Mahajan expressed gratitude to the Board of Directors and senior management for their support and cooperation during his tenure as Company Secretary and Compliance Officer.

Company Background

SM Auto Stamping Limited operates as a manufacturer of sheet metal pressed components and welded assemblies for automobile and electrical OEMs. The company maintains multiple manufacturing facilities in Maharashtra, with its registered office at J-41, MIDC Ambad, Nashik - 422010, along with additional plants at C-13, MIDC Ambad, Nashik, and B-198, MIDC, Malegaon, Sinnar, Nashik.

SM Auto Stamping Limited has officially completed its leadership transition with the successful conclusion of its board meeting held on February 23, 2026, at their C-13, MIDC Ambad, Nashik facility. The meeting, which commenced at 1:30 PM and concluded at 3:40 PM, formally approved the appointment of Mr. Suresh Govind Jagdale as the new Chief Financial Officer and Key Managerial Personnel.

Board Meeting Outcomes

The board meeting resulted in the completion of previously announced management changes. The directors formally accepted the resignation of Mr. Vaibhav Khadke from his position as Chief Financial Officer and Key Managerial Personnel, effective from the closure of business hours on February 25, 2026.

New CFO Appointment Confirmed

Folling the Nomination Remuneration Committee's recommendation, the board officially appointed Mr. Suresh Govind Jagdale as Chief Financial Officer and Key Managerial Personnel, effective from March 1, 2026. The appointment was made pursuant to the provisions of Section 203 of the Companies Act, 2013.

Additional Board Decisions

The board addressed several other matters during the meeting. The agenda item regarding the management training workshop action taken report was deferred to the next board meeting. Additionally, the board approved revisions to the list of Designated Persons under the company's code of conduct for prevention of Insider Trading, framed in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Regulatory Compliance

The appointment was communicated to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with reference to SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The official communication was digitally signed by Pawan Mahajan, Company Secretary and Compliance Officer (Membership No.: A65674).

SM Auto Stamping Limited continues its operations as a manufacturer of sheet metal pressed components and welded assemblies for automobile and electrical OEMs, with facilities across Maharashtra including Nashik and Sinnar plants.