SVA India Limited has accepted the resignation of Ramesh Chandra Patwari as its Company Secretary and Compliance Officer, effective July 31, 2026. The Board of Directors approved the resignation after Patwari tendered his letter citing better career opportunities as the sole reason for his departure. This change in Key Managerial Personnel marks the end of Patwari’s tenure in these critical governance roles.

The company disclosed the development to stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references Para A Part A of Schedule III of the said regulations, as amended. Additionally, the disclosure aligns with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026.

Patwari, who holds membership number FCS 12638, confirmed in his resignation letter dated July 31, 2026, that there are no other material reasons for his exit beyond those stated. He requested the Board to accept his resignation with effect from the close of business hours on Friday, July 31, 2026. The Board has since taken the resignation on record and indicated it will complete necessary formalities in due course.

Upon cessation, Patwari will also cease to be classified as Key Managerial Personnel under Section 203 and other applicable provisions of the Companies Act, 2013. Furthermore, he will no longer fall under Regulation 30(5) of the SEBI LODR Regulations for determining the materiality of events or transactions requiring disclosure to stock exchanges, effective from the close of business hours on July 31, 2026.

The intimation was signed by Abhinav Gupta, Whole Time Director of SVA India Limited, bearing DIN 02313375. The company’s registered office is located at 162-C Mittal Towers, 16th Floor, Nariman Point, Mumbai – 400 021. Investors are advised to note the change in compliance oversight leadership as the company proceeds with appointing a successor.

SVA India Limited has acquired full ownership of Aussee Oats Milling Private Limited, increasing its stake from 50% to 100% and converting the Sri Lankan entity into a wholly owned subsidiary. The transaction, effective June 23, 2026, involved the transfer of 29,453,180 equity shares and 11,380,155 preference shares for a cash consideration based on valuation reports.

The acquisition falls under related party transactions as Aussee Oats Milling was an associate company with a common director. The consideration was paid at arm's length based on valuation reports. The target entity is engaged in the manufacturing and exporting of oats and oats-based products.

Financial Overview of Aussee Oats Milling

The acquired entity has demonstrated a fluctuating financial performance over the past three years. The turnover for the financial year 2025-26 stood at USD 14,783,616.08, recovering from a dip in the previous year.

Transaction Details

The acquisition was completed within an indicative period of 10 days. No specific governmental or regulatory approvals were required for the transaction. The transfer of shareholding was executed in accordance with the clauses of the Articles of Association of Aussee Oats Milling Private Limited and other relevant documents.

Following the announcement, the trading window for SVA India has been closed immediately. The window will remain shut until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026.