Mizzen Ventures Limited has accepted the resignation of Om Kantimohan Mishra as Whole-time Director, effective from the closure of business hours on August 19, 2026.

The company disclosed the change in board composition to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that there are no other material reasons for the resignation beyond those stated by the director.

Resignation Details

Mishra tendered his resignation to pursue higher education and focus on his academic commitments, which require full-time attention. In his resignation letter dated August 19, 2026, he confirmed that there are no other material reasons for his departure.

Sandeep Reginald Dsilva, Managing Director and Chief Financial Officer, signed the intimation on behalf of the company. Mizzen Ventures, formerly known as Jyothi Infraventures Limited, will proceed with filing the necessary forms with the Registrar of Companies and BSE Limited in compliance with applicable laws.

Mizzen Ventures Limited secured shareholder approval to increase its authorised share capital and issue equity shares on a preferential basis to non-promoters during an Extra-Ordinary General Meeting (EGM) held on July 15, 2026. The meeting, conducted via Video Conferencing, saw the requisite quorum present and was chaired by Mr. Sandeep Dsilva. These approvals enable the company to raise funds by issuing shares for cash consideration to the non-promoter category, a move aimed at bolstering its capital structure.

The EGM transacted two primary resolutions. The first, an Ordinary Resolution, authorized the increase in authorised share capital and the consequent alteration of the memorandum of association. The second, a Special Resolution, specifically approved the issue of equity shares on a preferential basis to non-promoters. The proceedings were supervised by M/s. Nuren Lodaya & Associates, appointed as the Scrutinizer for the remote e-voting and e-voting conducted during the meeting.

Ms. Pallavi Ronit Passwala, Company Secretary and Compliance Officer, called the meeting to order. The facility for e-voting remained open for 30 minutes post the conclusion of the EGM to allow shareholders to cast their votes. The meeting was declared concluded by the Chairperson at 11:48 AM. The company submitted the outcome to BSE Limited in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.