Sunrise Efficient Marketing Limited, a company listed on the BSE (Script Code: 543515), has officially announced a significant change in its management structure through a Board meeting held on April 11, 2025. The company informed the BSE about the resignation of Mr. Lejas Hemantrai Desai from his position as Compliance Officer and the subsequent appointment of Mrs. Shivani Parth Kothari as the new Company Secretary and Compliance Officer.

The decision was made to ensure the company remains in full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors convened at 01:00 P.M. IST and concluded the meeting by 01:30 P.M. IST. The agenda focused on the changes in the compliance and secretarial roles, aimed at strengthening the company's governance and regulatory framework.

Key Management Changes

1. Resignation of Mr. Lejas Hemantrai Desai
   Mr. Lejas Hemantrai Desai, who had been serving as the Compliance Officer of Sunrise Efficient Marketing Limited, has resigned from the position, effective April 11, 2025. His resignation is linked to the appointment of a new Company Secretary who will also take over the compliance responsibilities, as required by SEBI regulations.

2. Appointment of Mrs. Shivani Parth Kothari
   In line with the regulatory requirements, Mrs. Shivani Parth Kothari has been appointed as the new Company Secretary and Compliance Officer, effective April 11, 2025. Mrs. Kothari is an Associate Member of the Institute of Company Secretaries of India (ICSI). She holds a Bachelor’s Degree in Commerce and brings extensive knowledge in Corporate Laws. Her appointment ensures the company’s adherence to SEBI's Listing Obligations and strengthens its corporate governance framework.

SEBI Disclosure Requirements

The company complied with the disclosure requirements under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, by promptly reporting the changes to the BSE. This is in line with the SEBI Circular dated September 9, 2015, which mandates timely updates regarding changes in compliance officers and company secretaries to ensure transparency in corporate management.

Key Details of the Changes:

• Reason for Change:
  The resignation of Mr. Desai is due to the appointment of a new Company Secretary, who also assumes the responsibilities of Compliance Officer.

• Date of Appointment/Cessation:

  • Mr. Lejas Hemantrai Desai ceased to be the Compliance Officer on April 11, 2025.

  • Mrs. Shivani Parth Kothari has been appointed as the Company Secretary and Compliance Officer effective April 11, 2025.

• Brief Profile of Mrs. Shivani Parth Kothari:
  Mrs. Shivani Parth Kothari is an experienced corporate professional with a Bachelor’s Degree in Commerce and an Associate Membership with the Institute of Company Secretaries of India (ICSI). She has extensive knowledge of corporate governance and SEBI regulations, which makes her a fitting choice for the role of Compliance Officer. Mrs. Kothari is not related to any of the company’s directors, ensuring an unbiased and transparent appointment process.

The management changes have been communicated to the BSE Limited, where the company is listed under Script Code: 543515. The company’s registered office is located at 3rd Floor, 9292 Building, VIP Road, Nr. Metro Wholesale, Althan, Surat 395017, Gujarat, India. The CIN of the company is L29100GJ2020PLC114489, and it operates under the contact details provided in the disclosure.

This change is expected to strengthen the company’s governance structure and ensure compliance with regulatory standards, providing greater confidence to investors, stakeholders, and regulatory bodies.

The Upcoming IPOs in this week and coming weeks are Aten Papers & Foam.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.