Key Management Change at BMB Music & Magnetics Ltd: Koshal Gupta Appointed as Company Secretary and Compliance Officer
BMB Music & Magnetics Ltd has completed a transition in its secretarial roles following a board meeting held on July 10, 2026. The company announced the appointment of Mr. Koshal Gupta as the new Company Secretary and Compliance Officer (Key Managerial Personnel), effective from July 10, 2026. This appointment fills the vacancy created by the resignation of Mr. Prateek Bhansali.Mr. Koshal Gupta was appointed to the position after affirming that he is not debarred from holding the office of CS and Compliance Officer by virtue of any order of SEBI or any such authority. In addition to his secretarial duties, Mr. Gupta's profile indicates he is an Associate Member of ICSI (ACS 19573), with professional experience primarily spanning legal and secretarial domains.
The company also confirmed the resignation of Mr. Prateek Bhansali from the post of Company Secretary and Compliance Officer (Key Managerial Personnel). His resignation, effective from the close of business hours on July 10, 2026, was attributed to pre-occupation and personal reasons.
Details of the key personnel changes approved by the Board of Directors are summarized below:
| Event Detail | Appointment/Cessation |
|---|---|
| Position | Company Secretary and Compliance Officer (Key Managerial Personnel) |
| Name | Mr. Koshal Gupta / Mr. Prateek Bhansali |
| Effective Date | July 10, 2026 |
| Reason for Change | Appointment to fill vacancy caused by resignation / Pre-occupation/personal reasons |
The appointment of Mr. Koshal Gupta is designed to ensure continuity in the company’s secretarial functions following the departure of Mr. Prateek Bhansali.
Stock Price Movement
BMB Music & Magnetics Ltd finished trading on Friday, settling at ₹6.80 after the shares gained 4.94%. The stock traded within a very tight intraday range, moving between a low of ₹6.79 and an intraday high of ₹6.80.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.