Mono Pharmacare Limited Announces Resignation of Company Secretary
Mono Pharmacare Limited has announced the resignation of Mr. Rahul Joshi from his position as Company Secretary and Compliance Officer. The resignation is effective from the close of business hours on July 1, 2026.The company confirmed that Mr. Joshi submitted his resignation in a letter dated July 1, 2026. According to the official records provided by the company, the primary reason for his departure pertains to pending salary dues and the continued non-payment of salary. Mr. Joshi has confirmed that there are no other material reasons for his resignation beyond those specified in his correspondence.
The Board of Directors has accepted the resignation and taken it on record. The company is currently processing the necessary formalities associated with the transition.
Following his departure, Mr. Joshi will cease to be considered Key Managerial Personnel under the applicable provisions of the Companies Act, 2013, and related regulations effective as of July 1, 2026.
The details regarding the resignation are summarized in the table below:
| Detail | Information |
|---|---|
| Reason for Change | Resignation due to pending salary dues and continued non-payment of salary |
| Date of Cessation | July 1, 2026 |
| Position Held | Company Secretary and Compliance Officer |
MONOPHARMA Stock Price Movement
Mono Pharmacare Limited shares rallied by 4.88% today to settle at ₹10.75. The stock saw a total turnover of 4,000 shares as it climbed from an opening of ₹10.5.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.
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