Vishvprabha Ventures Limited announced that Isha Gavaskar has resigned from her position as Company Secretary, effective October 9, 2026. The resignation was submitted to the Board of Directors and communicated to the Bombay Stock Exchange (BSE) under Regulation 30 of the SEBI Listing Regulations.

The company stated that Gavaskar’s decision to step down was due to personal reasons. The resignation letter, dated October 9, 2026, specifies that her tenure will conclude at the close of business hours on that date. She requested the Board to acknowledge the receipt and file the necessary forms with the Registrar of Companies, Pune.

Regulatory disclosure details

In compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, the company provided specific details regarding the event in Annexure A of its filing to the BSE.

Filing specifics

The intimation was signed by Mitesh Jayantilal Thakkar, Managing Director of Vishvprabha Ventures. The company’s registered office is located in Dombivli East, Thane, Maharashtra. The filing confirms that no other director relationships or brief profile details were disclosed in the mandatory annexure format provided by the regulator.

Gavaskar, holding Membership No. A78964 and eCSIN EA078964H000011512, expressed gratitude to the Board for the cooperation and support extended during her tenure. The company has not yet disclosed a successor for the role in this immediate filing.

Vishvprabha Ventures Limited shareholders unanimously approved all five resolutions at its 42nd Annual General Meeting held on September 30, 2026. The voting results, scrutinized by Vinit Bhanushali of M/s V K Bhanushali & Co., showed 100% support for key items including the conversion of unsecured loans into equity and the appointment of new statutory auditors.

The meeting was conducted via Video Conferencing and Other Audio Visual Means in compliance with regulatory guidelines. The session commenced at 2:00 pm and concluded at 2:21 pm. Isha Gavaskar, Company Secretary and Compliance Officer, facilitated the proceedings, while Mitesh Jayantilal Thakkar, Chairman and Managing Director, chaired the session.

Voting results and resolutions

The consolidated scrutinizer's report confirmed that all ordinary and special business items received requisite majority support. Notably, the special resolution regarding the conversion of unsecured loans saw participation from 18 members casting 2,74,012 votes, all in favor. Other resolutions saw 20 members casting 21,12,741 votes, also unanimously in favor.

Capital structure and governance updates

A significant portion of the agenda involved corporate governance and capital allocation. The board sought approval to convert existing unsecured loans against the issue of equity shares or other financial instruments convertible into equity. This may be executed through preferential allotment or private placement. The unanimous vote signals strong shareholder confidence in this capital restructuring move.

Additionally, the shareholders approved the reappointment of Paresh Ramanlal Desai as executive director for a second term. His tenure will run for five years, effective June 30, 2026, until June 30, 2031. The company also appointed M/s Nimesh Mehta & Associates Chartered Accountants as its statutory auditor for a term of five years, replacing the previous auditor.

Voting process and compliance

The company provided electronic voting facilities through the Central Depository Services Limited (CDSL) system. Remote e-voting commenced on September 27, 2026, at 9:00 am and ended on September 29, 2026, at 5:00 pm. Members who did not vote remotely were allowed to vote during the AGM via the electronic voting system.

The cut-off date for determining eligible voters was Wednesday, September 23, 2026. Advertisements regarding the meeting were published in Financial Express (English) and Mumbai Lakkshadeep (Marathi) on September 8, 2026. The results of the e-voting, along with the consolidated scrutinizer’s report, have been communicated to stock exchanges.