Management Change28 Sept 2026, 06:10 pm
Mkventures Capital Director Resigns Due to Relative Shareholding
AI Summary
Mrs. Shruti Mimani has resigned as an Independent Director of Mkventures Capital Limited with immediate effect. Her resignation, dated September 28, 2026, is due to her relatives acquiring 1,63,544 equity shares, approximately 4% of the company's voting share capital, on September 23, 2026. This acquisition triggered circumstances affecting her eligibility to continue as an Independent Director under the Companies Act, 2013, and SEBI Regulations. She confirmed that there are no other material reasons for her resignation.
Key Highlights
- Independent Director Mrs. Shruti Mimani resigns from Mkventures Capital.
- Resignation triggered by relatives acquiring 4% stake.
- Shareholding exceeds limits for independent director eligibility.
- No other material reason cited for the resignation.
Price Impact
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