Rathi Bars: Appoints Interim Compliance Officer, Upholds Governance

Rathi Bars Limited has appointed Mr. Uddhav Rathi, Chief Financial Officer (CFO), as the Compliance Officer on an interim basis. This appointment ensures the continuity of regulatory and listing compliances while the company actively seeks a suitable and qualified Company Secretary for the permanent role. The interim arrangement is in line with SEBI regulations and aims to prevent any disruption in the company’s adherence to statutory and listing requirements.

Interim Compliance Officer Designation

Rathi Bars Limited has announced the interim designation of Mr. Uddhav Rathi, the company’s Chief Financial Officer (CFO), to serve as the Compliance Officer. This decision has been made to ensure the seamless continuation of the company’s regulatory and listing compliance obligations.

Ensuring Regulatory Continuity

The appointment is a strategic step to maintain adherence to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It is a temporary measure pending the final appointment of a qualified Company Secretary to the position of Compliance Officer. The company is actively engaged in identifying and onboarding a suitable candidate within the stipulated regulatory timelines, aiming to fill any vacancy promptly.

Commitment to Governance

This interim arrangement underscores Rathi Bars Limited’s commitment to robust corporate governance and regulatory compliance. The company is making diligent efforts to appoint a permanent Company Secretary who will also assume the responsibilities of the Compliance Officer, ensuring uninterrupted compliance with all applicable laws and listing requirements.

Source: BSE

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