Nanavati Ventures Limited announced significant leadership changes following a board meeting held on March 10, 2026. The meeting, which commenced at 04:00 pm and concluded at 04:30 pm, resulted in key appointments and a resignation that will reshape the company's management structure.

Board Meeting Outcomes

The board meeting addressed three major personnel changes, all approved based on recommendations from the Nomination & Remuneration Committee. These changes comply with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Managing Director Resignation

Mr. Shreykumar Hasmukhbhai Sheth submitted his resignation from both Director and Managing Director positions, citing personal reasons. His resignation became effective from the closure of working hours on March 10, 2026. In his resignation letter, Sheth expressed gratitude to the company, shareholders, and board colleagues for the opportunity to serve and acknowledged the cooperation received during his tenure.

New Director Appointment

The board appointed Mr. Vipulbhau Vachheta as Additional Director under Section 161 of the Companies Act, 2013. Vachheta brings over 10 years of experience in the marketing field to his new role. The appointment documentation confirms no relationships exist between Vachheta and other directors of the company.

Company Secretary and Compliance Officer

Ms. Neha Jadoun was appointed as Company Secretary under Section 203 of the Companies Act, 2013, and designated as Compliance Officer in accordance with Regulation 6 of the LODR Regulations. At 39 years of age, Jadoun is an Associate member of the Institute of Company Secretaries of India with extensive experience in secretarial operations, legal operations, and corporate matters.

Regulatory Compliance

All appointments and resignations have been processed in accordance with applicable regulations. The company has fulfilled its disclosure obligations under Regulation 30 of the LODR Regulations and SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015. The necessary intimations will be made to the Registrar of Companies, stock exchanges, and other requisite authorities.

The leadership transition reflects the company's commitment to maintaining strong governance standards while adapting to changing organizational needs. The new appointments are expected to bring fresh perspectives and expertise to support the company's strategic objectives.

Nanavati Ventures Limited has announced the resignation of its Company Secretary & Compliance Officer, Mr. Nikunj Kalubhai Maniya, effective January 10, 2026. The company informed BSE Limited about this key managerial personnel change under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Mr. Nikunj Kalubhai Maniya formally submitted his resignation letter on January 10, 2026, requesting relief from his duties as Company Secretary & Compliance Officer after business hours on the same date. In his resignation letter, Maniya expressed that it had been his privilege to serve the company and work with the board, management, and various stakeholders during his tenure.

Transition and Handover

The outgoing Company Secretary assured the company of his support during the handover period to ensure a smooth transition of functions and responsibilities. Maniya requested the board to arrange for necessary formalities including filings with stock exchanges, Registrar of Companies, and other authorities under applicable law.

Board Acknowledgment

The Board of Directors of Nanavati Ventures Limited, represented by Managing Director Shreykumar Hasmukhbhai Sheth (DIN: 08734002), formally acknowledged receipt of the resignation letter dated January 10, 2026. The board accepted Maniya's departure from the Company Secretary position with immediate effect.

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing BSE Limited about this cessation under Regulation 30 of the LODR Regulations. The intimation included all required details as per SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, ensuring complete regulatory compliance for the key managerial personnel change.

In his farewell message, Maniya extended thanks to the Board of Directors, management team, and colleagues for the trust reposed in him and wished the company continued success in all its endeavors.