On January 16, 2025, VertexPlus Technologies Limited announced significant leadership changes during a Board of Directors meeting held at the company’s registered office in Jaipur, Rajasthan. This update is part of the company's efforts to maintain smooth corporate governance and ensure compliance with regulatory standards set by the Securities and Exchange Board of India (SEBI).

The meeting addressed key personnel transitions, including the resignation of Mr. Nitesh Sharma from the position of Company Secretary and Compliance Officer. Mr. Sharma’s departure, effective as of January 11, 2025, marks the end of his tenure with VertexPlus Technologies as he moves on to pursue other opportunities.

To fill the casual vacancy created by Mr. Sharma's resignation, the Board approved the appointment of Ms. Sandhya Sharma as the new Company Secretary and Compliance Officer.

Highlights of the Leadership Transition

1. Resignation of Mr. Nitesh Sharma:

• Mr. Sharma officially stepped down on January 11, 2025, after serving the company as a Key Managerial Personnel (KMP).
• His decision to resign stems from his plans to explore opportunities outside VertexPlus Technologies.

2. Appointment of Ms. Sandhya Sharma:

• Ms. Sandhya Sharma, an Associate Member of The Institute of Company Secretaries of India (ICSI), brings a wealth of experience in managing secretarial and compliance functions.
• Her tenure as Company Secretary commenced on January 16, 2025, following Board approval during the meeting.
• Ms. Sharma’s expertise will play a crucial role in ensuring the company adheres to its statutory and regulatory obligations.

Corporate Governance and SEBI Disclosure Updates

The leadership changes align with SEBI regulations, specifically under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed details regarding the leadership transition through Annexures A and B, as mandated by SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015.

Board Meeting Details

• Date of Meeting: January 16, 2025
• Time: 2:00 PM to 2:40 PM
• Location: Registered office at B-19, Ground Floor, 10-B Scheme, Gopalpura Road, Jaipur

The Board reiterated its commitment to fostering a culture of excellence in governance and ensuring continuity in key managerial roles. These changes reflect VertexPlus Technologies' proactive approach to maintaining operational and regulatory efficiency.

Looking Ahead
With Ms. Sandhya Sharma joining as the new Company Secretary and Compliance Officer, VertexPlus Technologies is well-positioned to sustain its growth trajectory while adhering to robust compliance standards. The company’s leadership remains committed to aligning its practices with global standards, reinforcing its position as a trusted name in the IT industry.

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