StockWatch
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Investment Company
Management Change29 Sept 2026, 06:41 pm

Mkventures Capital Director Resigns Due to Shareholding Conflict

AI Summary

Mrs. Shruti Mimani has resigned as an Independent Director of Mkventures Capital Limited, effective September 28, 2026. Her resignation stems from her relatives acquiring 1,63,544 equity shares, approximately 4% of the company's voting share capital, on September 23, 2026. This acquisition created circumstances affecting her eligibility to continue as an Independent Director under the Companies Act, 2013, and SEBI Regulations. She confirmed there are no other material reasons for her resignation. The company has submitted the necessary disclosures to the stock exchange.

Key Highlights

  • Independent Director Mrs. Shruti Mimani resigns from Mkventures Capital.
  • Resignation effective September 28, 2026, due to relatives' share acquisition.
  • Relatives acquired ~4% voting share capital, impacting director eligibility.
  • No other material reasons cited for the resignation.