Mizzen Ventures Limited Undergoes Leadership Shift and Auditor Change
Mizzen Ventures Limited has appointed Sandeep Reginald Dsilva as the new Managing Director and CFO. The company's statutory auditors, M/s Pundarikashyam and Associate Chartered Accountants, have resigned. No concerns were raised by the resigning auditors regarding the company's management. The board will consider appointing a new statutory auditor to fill the vacancy.
*this image is generated using AI for illustrative purposes only.
Mizzen Ventures Limited, formerly known as Jyothi Infraventures Limited, has announced significant organizational changes that took effect on August 13, 2025. The company has seen a reshuffling in its top management and a change in its statutory auditors.
New Leadership at the Helm
Sandeep Reginald Dsilva has been appointed as the new Managing Director and Chief Financial Officer (CFO) of Mizzen Ventures Limited. Dsilva, who holds the Director Identification Number (DIN) 09040813, brings fresh leadership to the company.
Auditor Resignation
The company announced the resignation of its statutory auditors, M/s Pundarikashyam and Associate Chartered Accountants (Firm Registration No. 011330S). The resignation was communicated through Partner Surya Prakasa Rao B, who submitted the formal resignation letter along with required information upon cessation of auditor duties.
Reasons for Auditor Change
According to the company's disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015, the auditors expressed their inability to continue in their role via an email dated August 13, 2025. Mizzen Ventures Limited has confirmed that no concerns or issues were raised by the resigning auditors regarding the company's management, and no material reason for the resignation was cited.
Next Steps
The Audit Committee and the Board of Directors of Mizzen Ventures Limited will be considering the appointment of a new Statutory Auditor to fill the casual vacancy arising from this resignation. The company has assured stakeholders that this process will be conducted in accordance with applicable provisions, and further intimation will be provided once a decision is made.
Company Overview
Mizzen Ventures Limited, with its registered office in Hyderabad and corporate office in Mumbai, operates under the CIN: L70200TG1995PLC019867.
These organizational changes mark a significant moment for Mizzen Ventures Limited as it moves forward under new leadership and prepares to onboard new statutory auditors.
Historical Stock Returns for Mizzen Ventures
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.98% | -11.10% | -15.09% | -14.58% | +259.55% | +2,144.29% |
16
