Neelkanth CEO Yogesh Dawda resigns; Bhavik Bhimjyani appointed Chairman & MD

Neelkanth Limited's Board of Directors, in a meeting on April 21, 2026, accepted the resignation of Mr. Yogesh Dawda from his positions as Chairman, Wholetime Director, and CEO, effective the same day. Concurrently, Mr. Bhavik Bhimjyani was appointed as an Additional Director, Chairman & Managing Director for a five-year term, subject to member approval. The Board also recommended an amendment to the Company's Articles of Association and approved a Postal Ballot Notice for this amendment and the appointments of Mr. Bhimjyani and Mr. Devidas Jayram Shejul as an Independent Director. A scrutinizer for the postal ballot was also appointed.