Prithvi exchange (India) Limited has announced a key management change with the resignation of its Company Secretary & Compliance Officer. The foreign exchange services company informed BSE Limited about this corporate development through a regulatory filing under SEBI disclosure requirements.

Key Personnel Change

Ms. Shuba Lakshmanan (ACS: 66801) has resigned from her position as Company Secretary & Compliance Officer of Prithvi Exchange (India) Limited. The resignation became effective from the close of business hours on April 02, 2026.

Resignation Timeline and Process

The resignation process began on February 18, 2026, when Ms. Lakshmanan submitted her resignation letter to Managing Director Mr. Pavan Kumar Kavadi. In her letter, she requested the Board to relieve her from services by April 02, 2026, as agreed with the company.

Ms. Lakshmanan expressed gratitude to the Board of Directors and management team for their support during her tenure. She committed to ensuring a smooth transition of responsibilities before her departure and mentioned enjoying her time working for the company.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The announcement was made in compliance with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Managing Director Pavan Kumar Kavad (DIN: 07095542) signed the disclosure document digitally on April 02, 2026. The company confirmed that there are no other material reasons for the resignation beyond those stated in the resignation letter.

Company Background

Prithvi Exchange (India) Limited operates in the foreign exchange services sector, providing foreign currencies, forex cards, and remittances abroad. The company is headquartered in Chennai, Tamil Nadu, and is listed on BSE Limited with scrip code 531688.

Prithvi exchange (India) Limited has announced the opening of a new branch in Gurugram, Haryana, marking another step in the company's expansion strategy. The forex services provider informed BSE Limited about this development through a regulatory filing dated March 30th, 2026.

Branch Details and Location

The new branch has been established in a prime location to serve customers in the Gurugram region:

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing the stock exchange under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by Shuba Lakshmanan, Company Secretary & Compliance Officer, and submitted to BSE Limited's Corporate Relationship Department.

Service Offerings and Technology Focus

Prithvi Exchange aims to provide forex services through this new branch in a contemporary and technologically updated atmosphere. The company emphasizes its commitment to delivering the best possible service to all clients through modern infrastructure and updated technology solutions.

Future Expansion Plans

The Gurugram branch opening is part of the company's broader growth strategy. Prithvi Exchange has indicated plans to increase its footprint across the nation by establishing more branches in the near future, demonstrating the company's commitment to expanding its presence in the Indian forex services market.

Company Background

Prithvi Exchange (India) Limited operates in the foreign exchange services sector, offering foreign currencies, forex cards, and remittances abroad. The company is headquartered in Chennai, Tamil Nadu, and maintains its corporate office at Gee Gee Universal, 2nd Floor, Door No. 2, Mc. Nichols Road, Chetpet, Chennai - 600 031.