Heads Up Ventures Limited reported the resignation of its Company Secretary and Compliance Officer, Dhruvi Patel, and Independent Director Abhishek Shivpujan Giri. Both departures took effect on October 7, 2026, citing personal reasons.

The company filed intimation with BSE and NSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosures confirm that no other material reasons exist for the resignations beyond those stated in the respective letters.

Leadership changes detailed

The board received two distinct resignation letters on the same date. Patel stepped down from her role as Company Secretary and Compliance Officer, while Giri resigned from his position as Non-Executive Independent Director. The company confirmed that both officials have no other material reasons for leaving their posts.

Other directorships held by outgoing director

Abhishek Shivpujan Giri disclosed his current directorships in other entities as part of the regulatory filing. He continues to serve as an Independent Director at Sellwin Traders Limited. In that capacity, he holds chairmanship positions in key committees.

• Sellwin Traders Limited: Independent Director
  • Audit Committee (Chairman)
  • Nomination and Remuneration Committee (Chairman)
  • Stakeholder Relationship Committee (Member)

Regulatory compliance

The resignation letters were enclosed as annexures to the official filing. The disclosures adhere to Part A of Schedule III of the SEBI Listing Regulations and SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company’s registered office is located in Palghar, Maharashtra.

Heads Up Ventures has closed its trading window for all designated persons starting October 1, 2026. The restriction remains in effect until 48 hours after the declaration of the company's unaudited financial results for the quarter ended September 30, 2026.

Regulatory Compliance and Insider Trading Norms

The closure is implemented in accordance with the company's Code of Internal Procedures and Conduct for Prevention of Insider Trading in Securities. It also aligns with the Policy for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) and the SEBI (Prohibition of Insider Trading) Regulations, 2015.

During this period, directors, promoters, and their relatives are prohibited from dealing in the company's securities. This measure ensures that no insider trading occurs while sensitive financial data is being finalized.

Key Details of the Trading Window Closure

The company informed BSE Limited and National Stock Exchange of India Limited about this development on September 28, 2026. The intimation was signed by Harsh Pravinbhai Patel, Director of Heads Up Ventures.