StockWatch
·
Residential- Commercial Projects
Management Change6 May 2026, 04:19 pm

SVS Ventures: Sunny Sharma & Viral Patel Resign

AI Summary

SVS Ventures Ltd. announced the resignation of Mr. Sunny Surendra Kumar Sharma, Non-Executive Non-Independent Director, and Mr. Viral Patel, Chief Financial Officer (CFO) and Key Managerial Personnel, effective from the close of business hours on May 06, 2026. Both resignations are due to personal reasons and other commitments, with no other material reasons cited. The company is in the process of identifying suitable candidates for the vacant positions.

Key Highlights

  • Mr. Sunny Surendra Kumar Sharma resigned as Non-Executive Non-Independent Director effective May 06, 2026.
  • Mr. Viral Patel resigned as CFO and Key Managerial Personnel effective May 06, 2026.
  • Both resignations are attributed to personal reasons and other commitments.
  • SVS Ventures is seeking replacements for both positions.
  • Resignations comply with SEBI Listing Regulations.