AG Ventures Limited — Others, 20-12-2024: Resignation

Mr. Gourab Kumar Nayak has resigned from his position as Company Secretary & Compliance Officer of Oriental Carbon & Chemicals Limited, effective from the close of business hours on December 20, 2024. He has confirmed that there are no material reasons for his resignation beyond those stated in his resignation letter.

This transition may prompt a review of the company’s governance structure and ensure continuity in compliance oversight. Investor sentiment could be impacted, presenting a potential risk if the new appointment does not align with market expectations, but also an opportunity for fresh leadership and perspective in compliance matters.