SVS Ventures Director and CFO Resign Simultaneously Effective May 06, 2026

SVS Ventures Limited has informed the stock exchange of the simultaneous resignation of two key personnel — its Non-Executive Non-Independent Director and its Chief Financial Officer — both effective from the close of business hours on May 06, 2026. The disclosures were made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended by the SEBI (LODR) (Amendment) Regulations, 2026 dated January 20, 2026, and read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.

Key Personnel Departures

The company reported two separate resignations on the same date. The following table summarises the key details of both departures as disclosed under Regulation 30 of the SEBI Listing Regulations:

Parameter:	Mr. Sunny Surendra Kumar Sharma	Mr. Viral Patel
Designation:	Non-Executive Non-Independent Director	Chief Financial Officer (CFO) & Key Managerial Personnel
DIN/Identifier:	DIN: 09480894	Not Applicable
Reason for Resignation:	Personal reasons and other commitments	Personal reasons and other commitments
Effective Date:	Close of business hours on May 06, 2026	Close of business hours on May 06, 2026
Material Reasons Beyond Stated:	None confirmed	None confirmed
Directorships in Other Listed Entities:	Nil	Not Applicable
Debarment by SEBI or Other Authority:	Not debarred	Not Applicable

Resignation of Non-Executive Non-Independent Director

Mr. Sunny Surendra Kumar Sharma (DIN: 09480894) tendered his resignation as Non-Executive Non-Independent Director of SVS Ventures Limited vide letter dated May 06, 2026. His cessation is effective from the close of business hours on May 06, 2026. Upon his departure, Mr. Sharma also ceases to be a member or chairman of all board committees of the company in which he was serving. He confirmed in his resignation letter that there are no disputes, issues, or concerns of any nature with the company, its Board of Directors, management, or any other stakeholders, and that there are no material reasons for his resignation beyond those stated.

Resignation of Chief Financial Officer

Mr. Viral Patel, who served as Chief Financial Officer and Key Managerial Personnel of SVS Ventures Limited, also tendered his resignation vide letter dated May 06, 2026, effective from the close of business hours on the same date. As a consequence of his resignation, Mr. Patel ceases to be a Key Managerial Personnel of the company under Section 203 and other applicable provisions of the Companies Act, 2013. He also ceases to be authorised under Regulation 30(5) of the SEBI Listing Regulations for the purpose of determining the materiality of an event or information and for making disclosures to the stock exchange. Mr. Patel similarly confirmed no disputes, issues, or concerns with the company, its board, management, or stakeholders.

Next Steps

SVS Ventures Limited has stated that it is in the process of identifying suitable candidates for both the vacated positions. The company has committed to intimating the stock exchange of any such appointments in due course, in accordance with the applicable SEBI Listing Regulations. The intimation was signed by Vishal Mahendrabhai Thekdi, Managing Director (Additional) (DIN: 06434203), on May 06, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+8.56%	-14.04%	-7.69%	-28.00%	-28.40%	-58.14%

SVS Ventures Limited has announced the appointment of Mrs. Pushpa Joshi (DIN: 06838093) as an Additional Non-Executive Independent Director of the Company, effective May 5, 2026. The decision was taken at the Board of Directors meeting held on May 6, 2026, which commenced at 04:00 PM and concluded at 04:30 PM, based on the recommendation of the Nomination and Remuneration Committee at its meeting held on the same date.

Appointment Details

The following table summarises the key details of Mrs. Pushpa Joshi's appointment as disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:

Parameter:	Details
Name:	Mrs. Pushpa Joshi
DIN:	06838093
Designation:	Additional Non-Executive Independent Director
Reason for Change:	Appointment as Additional Non-Executive Independent Director
Date of Appointment:	May 5, 2026
Term:	First term of 5 (five) consecutive years, up to May 4, 2031
Subject to:	Approval of the Members of the Company
Relationship with Directors/KMP/Promoters:	Not related to any Directors, Key Managerial Personnel, or Promoters

Profile of Mrs. Pushpa Joshi

Mrs. Pushpa Joshi brings with her five years of experience as an accountant and one year of experience as an Office Assistant & Computer Operator in a reputed organisation in Uttarakhand (AMAN) from 2006 to 31-12-2011. The Company has confirmed that Mrs. Pushpa Joshi is not debarred from holding the office of Director, in accordance with the circular dated June 20, 2018 issued by the Stock Exchanges.

Regulatory Compliance

The intimation has been made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The disclosure was filed with BSE Limited by Vishal Mahendrabhai Thekdi, Managing Director (Additional) (DIN: 06434203), on behalf of SVS Ventures Limited.