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Allcargo Gati Ltd. Internal Auditor Ms. Rani Mihir Shah Resigns
Team Finance Saathi
18/Dec/2024
What's covered under the Article:
- Allcargo Gati Ltd. discloses the resignation of Ms. Rani Mihir Shah as the internal auditor.
- The resignation is effective from December 17, 2024, due to preoccupation and other commitments.
- No material reasons other than personal commitments for the resignation have been cited.
On December 18, 2024, Allcargo Gati Limited, formerly known as Gati Limited, announced the resignation of Ms. Rani Mihir Shah from her position as Internal Auditor of the company. Her resignation, effective from December 17, 2024, was due to preoccupation with other professional engagements and commitments. The company has confirmed that there were no material reasons behind her decision other than the personal reasons mentioned.
This resignation was communicated in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Allcargo Gati Ltd. also shared the necessary disclosures as required by the SEBI Circular dated November 11, 2024, in connection with this resignation.
Key Details of the Resignation:
- Reason for Resignation: Ms. Shah resigned due to her preoccupation and other engagements.
- Date of Resignation: Effective December 17, 2024.
- No Material Reasons: The company has clarified that there were no material reasons other than those stated above for her resignation.
In accordance with SEBI’s Listing Regulations, the company has shared this update with both the BSE and the NSE, and it will also be available on the company’s official website. Allcargo Gati Limited remains committed to maintaining transparency and upholding corporate governance standards in its operations.
Corporate Profile
Allcargo Gati Limited is a leading logistics and supply chain management company based in India. With a wide range of services, including express distribution, freight forwarding, and warehousing solutions, the company has established itself as a key player in the logistics industry.
For more updates on corporate governance and executive changes, investors and stakeholders are encouraged to visit the company’s official website at www.gati.com.
As Allcargo Gati Limited continues to evolve and grow in the logistics sector, any further executive changes or important updates will be disclosed as per regulatory guidelines, ensuring that stakeholders remain informed and confident in the company’s operations.
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