Neelkanth: Yogesh Dawda resigns as Chairman & CEO; Bhavik Bhimjyani appointed CMD

Neelkanth Limited announced significant management changes and corporate actions following its Board Meeting on April 21, 2026. Mr. Yogesh Dawda resigned from his positions as Chairman, Wholetime Director, and Chief Executive Officer, effective close of business on April 21, 2026. Concurrently, the Board appointed Mr. Bhavik Bhimjyani (DIN: 00160121) as an Additional Director, taking on the role of Chairman & Managing Director for a five-year term, commencing April 21, 2026. These appointments are subject to member approval. The Board also approved an amendment to the Company's Articles of Association and a Postal Ballot Notice to seek member approval for the AOA amendment, Mr. Bhavik Bhimjyani's appointment as CMD, and the appointment of Mr. Devidas Jayram Shejul as an Independent Director. The company's Key Managerial Personnel structure has been updated.