Management Change16 Oct 2026, 08:00 pm
IndiaNivesh Director Resigns Due to Pre-occupation
AI Summary
IndiaNivesh Ltd announced the resignation of Mr. Jagdish Prasad Ridhkaran Pareek, a Non-Executive Independent Director, effective October 16, 2026. The resignation was noted and approved by the Board of Directors during a meeting held on the same day. Mr. Pareek cited pre-occupation and personal commitments as the reasons for his departure. He also confirmed that there are no material reasons for his resignation other than those stated and will cease to be a member of any board committees.
Key Highlights
- Non-Executive Independent Director Mr. Jagdish Prasad Ridhkaran Pareek has resigned.
- The resignation is effective from October 16, 2026.
- Reasons cited are pre-occupation and personal commitments.
- The Board of Directors has accepted the resignation.
Price Impact
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