Management Change28 Sept 2026, 06:31 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 immediately. 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 no other material reason for her resignation.
Key Highlights
- Independent Director Mrs. Shruti Mimani resigns from Mkventures Capital.
- Resignation due to relatives' acquisition of 4% shareholding.
- Shareholding exceeds limits for independent director eligibility.
- Resignation effective immediately, citing regulatory compliance.
Price Impact
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