SVAM Software Limited has announced the resignation of its Independent Director Mr. Rajesh Kumar Vaid, effective 14th April 2026. The company disclosed this information to BSE Limited in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Resignation Details

Mr. Rajesh Kumar Vaid, holding Director Identification Number (DIN) 09201120, submitted his resignation from the position of Independent Director due to personal reasons. The resignation became effective on 14th April 2026, the same date his resignation letter was submitted to the company.

Resignation Circumstances

In his resignation letter addressed to the Board of Directors, Mr. Vaid cited personal and unavoidable circumstances as the reason for stepping down. The director confirmed that there are no material reasons beyond personal considerations for his resignation. He specifically stated that there are no unresolved disputes with the company on any matter.

The company's disclosure emphasized that the decision to resign was purely on account of personal considerations, with the director expressing his intention to step down to attend to personal commitments. Mr. Vaid confirmed that he has no other material reasons or additional information to disclose in connection with his resignation.

Other Directorships

The regulatory filing revealed that Mr. Rajesh Kumar Vaid holds directorships in other listed entities. His portfolio includes positions at Jolly Plastic Industries Limited and Tridev Infraestates Limited, both appointments dating back to 15th June 2021.

Board Meeting and Compliance

The Board of Directors convened a meeting on 14th April 2026 to address the resignation, which commenced at 04:30 PM and concluded at 05:00 PM. The meeting was conducted to formally acknowledge and process the director's resignation.

SVAM Software Limited has requested the resigning director to file necessary forms with the Registrar and Stock Exchanges, along with other competent authorities to give effect to the resignation. The company has fulfilled its regulatory disclosure obligations by informing BSE Limited about this corporate governance change.

Company Information

SVAM Software Limited, registered at 224, G/F Swayam Sewa, Co-operative Housing Society Ltd., Jhilmil Delhi - 110032, operates under scrip code 523722 on BSE. The resignation disclosure was signed by Harish Kumar Sharma, Director with DIN 10785775, ensuring proper authorization of the corporate communication.

SVAM Software Limited has filed its mandatory certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter and financial year ended March 31, 2026. The certificate was submitted to BSE Limited on April 8, 2026, providing detailed information about the company's dematerialization activities during Q4 FY26.

Regulatory Compliance and Filing Details

The company submitted the certificate in accordance with SEBI regulations governing depositories and participants. The filing covers physical share certificates received for dematerialization of equity securities from depository participants during the reporting period. Skyline Financial Services Private Limited, acting as the registrar and transfer agent, provided confirmation of the dematerialization processes.

NSDL Dematerialization Summary

The company processed 12 dematerialization requests through NSDL during Q4 FY26. The transactions involved various shareholders with requests ranging from 100 to 800 shares. Processing times varied from 2 to 6 days for completion.

Notable transactions included dematerialization requests from shareholders such as Dinesh Chandra Gupta, Suresh, Golhar S K, and Beena Jain. Two requests were rejected during the period, including applications from Meenakshi Bansal and Santosh Rana.

CDSL Dematerialization Activities

CDSL operations showed higher rejection rates compared to NSDL during the same period. The company processed 14 requests totaling 3400 shares, with processing times ranging from 3 to 8 days.

Significant rejections occurred for requests from Mohan Lal Mittal, Deepak Kumar Ghiya, and Archibald M J Dsouza. Successful dematerializations were completed for shareholders including Kanchan Devi Jain, Basant Kumar Bajpai, and Mukesh Satyanarayan Prajapati.

Overall Performance Summary

Combining both NSDL and CDSL operations, SVAM Software processed a total of 26 dematerialization requests during Q4 FY26. The company handled 6400 shares across both depositories, with an overall acceptance rate of approximately 55%.

The certificate confirms that all accepted securities have been properly listed on the stock exchange and that physical certificates were mutilated and cancelled within the prescribed 15-day timeframe, with the depository name substituted as the registered owner in company records.