
Management Change11 Aug 2026, 05:31 pm
SV Trading MD Resigns, New CEO Appointed
AI Summary
SV Trading & Agencies Ltd announced significant management changes following a Board of Directors meeting on August 11, 2026. Mr. Gopal Lal Paliwal resigned as Managing Director but will continue as a Non-Executive Non-Independent Director. Mrs. Jyotsana Vishnu Joshi was appointed as an Additional Non-Executive Independent Director for five years, subject to member approval. Mr. Varun Kumar Choubisa and Mr. Yashawant Kumar Choubisa resigned as Independent Directors with immediate effect. Mr. Manoharbhai Premshankarji Joshi has been appointed as the new Chief Executive Officer (CEO) of the Company.
Key Highlights
- Managing Director Mr. Gopal Lal Paliwal resigns, continues as Director.
- New CEO Mr. Manoharbhai Premshankarji Joshi appointed.
- Two Independent Directors resigned with immediate effect.
- New Independent Director appointed, subject to member approval.
Price Impact
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