Management Change25 Aug 2026, 03:29 pm
Advance Multitech MD and Directors Resign Effective Sept 1, 2026
AI Summary
Advance Multitech Ltd has announced the resignation of its Managing Director, Mr. Arvind Vishwanath Goenka, and several other directors, including Mr. Hiral Rajeshkumar Shah, Mr. Ravindrakumar Laljibhai Mehta, Mr. Govind Ganpatlal Shah, and Mrs. Minaxi Govind Shah. All resignations are effective from September 1, 2026. The reasons cited for the Managing Director's resignation include a mutual exit and handling of other projects. The company has submitted the necessary disclosures as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Managing Director and multiple directors have resigned.
- All resignations are effective from September 1, 2026.
- Reasons for MD's exit include mutual agreement and other projects.
- Company has complied with SEBI disclosure norms.
- This signifies a significant change in the company's leadership.
Price Impact
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