Svarnim Trade Udyog Director Resigns; Auditor Also Steps Down

Svarnim Trade Udyog Ltd announced the resignation of Mr. Manish Shrichand Bachani from his position as Non-Executive and Independent Director, effective August 12, 2026. The company confirmed there were no material reasons for his resignation beyond those stated. Concurrently, the board accepted the resignation of statutory auditors M/s. D G M S & Co. and has proposed M/s. B B Gusani & Associates as their replacement, subject to shareholder approval. The board also approved the appointment of Ms. Nidhi Bansal as an Additional Non-Executive and Independent Director and a change in the company's registered office.