Board Meeting22 Oct 2026, 03:58 pm
Jivial Industries Board Approves IPO Object Alteration, CFO Change
AI Summary
Jivial Industries Ltd announced that its Board of Directors, in a meeting held on October 22, 2026, approved several key decisions. These include an alteration in the objects of the Initial Public Offer (IPO) for which funds were previously raised. The board also approved a draft Postal Ballot Notice to seek shareholder approval for this IPO object alteration. Additionally, the company accepted the resignation of Ms. Dhara Jatin Vekariya as Chief Financial Officer and appointed Mr. Shubham Pravinbhai Sagpariya as the new CFO. The meeting commenced at 3:00 PM and concluded at 3:35 PM.
Key Highlights
- Board approved alteration in IPO objects.
- Shareholder approval to be sought via postal ballot.
- CFO resignation accepted.
- New CFO appointed.
- Board meeting held on October 22, 2026.
Price Impact
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