StockWatch
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Trading - Textile Products
Management Change7 Oct 2026, 06:10 pm

Nivaka Fashions CFO & Executive Director Resigns

AI Summary

Nivaka Fashions Ltd announced the resignation of Mr. Mitesh Ajit Thakkar from his positions as Chief Financial Officer (CFO) and Executive Director, effective October 7, 2026. The resignation is attributed to Mr. Thakkar's pre-occupancy of work and evolving professional commitments, which he stated prevent him from dedicating the necessary time to his duties. The company has submitted the required disclosures as per SEBI (LODR) Regulations, 2015.

Key Highlights

  • CFO and Executive Director Mitesh Ajit Thakkar resigns.
  • Resignation is effective from October 7, 2026.
  • Reason cited: Work pre-occupancy and professional commitments.
  • Company filed required SEBI disclosures.