Neelkanth Ltd: Bhavik Bhimjyani Appointed Chairman & MD; Yogesh Dawda Resigns

Neelkanth Limited announced key management changes following a Board Meeting on April 21, 2026. Mr. Yogesh Dawda resigned from his positions as Chairman, Whole-time Director, and CEO, effective the same day. Concurrently, Mr. Bhavik Bhimjyani was appointed as an Additional Director, taking on the role of Chairman & Managing Director for a five-year term, subject to shareholder approval. The Board also approved amendments to the Articles of Association and a Postal Ballot Notice to seek member approval for these changes, including the appointment of Mr. Devidas Jayram Shejul as an Independent Director. The company's Key Managerial Personnel structure has been updated.