Whalesbook
NCC Limited announced that Mr. Sisir K Mishra, who holds the positions of Company Secretary, Compliance Officer, and Nodal Officer, will resign from his roles. His resignation is effective from the close of business on April 6, 2026. The company has begun the process to find and appoint a successor.
These roles are crucial for NCC Limited's operations and regulatory compliance. They ensure the company meets its legal duties, communicates effectively with stakeholders, and handles filings accurately.
Mr. Mishra was appointed to these key positions on October 1, 2024, succeeding Mr. M V Srinivasa Murthy upon his retirement. His departure is notable as the company is currently contesting a two-year ban from National Highways Authority of India (NHAI) tenders, which takes effect on February 17, 2026. This debarment poses a major challenge for the infrastructure firm.
Previously, NCC Limited faced regulatory attention, including an adjudication order from SEBI in April 2022 concerning delays in disclosing information about material arbitration proceedings.
Stakeholders will be monitoring the company's progress in appointing a new officer for these key roles. The company's success in challenging the NHAI debarment order will also be a key point to watch.