Automobile Corporation of Goa Appoints New Company Secretary

Automobile Corporation of Goa Limited has officially announced the appointment of Mr. Santhosh Shadadal as its Company Secretary and Compliance Officer. This appointment is scheduled to take effect on April 27, 2026.

Importance of the Role

The Company Secretary is essential for effective corporate governance. This position ensures that the company adheres to all legal and regulatory requirements, particularly those mandated by the Securities and Exchange Board of India (SEBI). A dedicated Company Secretary helps strengthen the board's oversight capabilities and improves communication with shareholders.

Background on ACGL and Previous Roles

Automobile Corporation of Goa Ltd (ACGL) is a recognized auto component manufacturer, jointly promoted by the Goa government's Economic Development Corporation (EDC) and Tata Motors. Previously, Mr. Mitesh Gadhiya served as the Company Secretary and Compliance Officer, resigning from his post effective January 30, 2026. In other recent governance updates for ACGL earlier in 2026, Dr. Renu Sharma and Mrs. Rekha Bagry Nair were appointed as Independent Directors, a move that later secured shareholder approval. The appointment of a qualified Company Secretary is a requirement under SEBI Listing Regulations.

Expected Impact

The appointment of Mr. Shadadal is expected to reinforce ACGL's corporate governance framework with a dedicated officer. It aims to ensure continuous compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and improve internal controls and adherence to statutory obligations.