Rajvi Logitrade Limited , a company listed on the BSE, has announced significant changes to its board composition and committee structures. The company disclosed these changes in a regulatory filing, highlighting shifts in its corporate governance framework.

Key Developments

Director Resignation

Mr. Prashant Raval (DIN: 11236194) has stepped down from his position as a Non-Executive Independent Director of Rajvi Logitrade Limited. The resignation takes effect from December 1, 2025. Mr. Raval cited pre-occupation with other assignments as the reason for his departure.

Committee Memberships

As a result of his resignation, Mr. Raval will also cease to be a member of the Audit Committee and the Nomination and Remuneration Committee.

Board Response

The Board of Directors, in a meeting held on December 1, 2025, took note of Mr. Raval's resignation and approved the reconstitution of various board committees.

Committee Reconstitution

Rajvi Logitrade has announced the following changes to its committee structures, effective from December 2, 2025:

Regulatory Compliance

The company has stated that these changes are in line with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Rajvi Logitrade has also confirmed that Mr. Raval provided a formal resignation letter, which included the reasons for his departure.

Impact and Outlook

While the departure of an Independent Director can be significant for a company's governance structure, Rajvi Logitrade has moved swiftly to reconstitute its committees. This prompt action suggests the company's commitment to maintaining strong corporate governance practices.

Investors and stakeholders may be watching closely to see how these changes might influence the company's decision-making processes and overall governance in the coming months.

Rajvi Logitrade Limited , a company listed on the BSE Limited, has reported a significant change in its promoter group shareholding following a recent share allotment. The company's promoter group, consisting of Narendrasinh Rana, Bhavya Narendrasinh Rana, and Umaba Narendra Rana, saw their collective stake decrease from 15.95% to 10.27% due to the allotment of new shares to other shareholders on September 18, 2025.

Shareholding Changes

The change in shareholding percentage occurred despite the promoter group maintaining their absolute shareholding of 6,50,000 shares. The dilution was a result of an increase in the company's equity share capital, which expanded from 40,74,100 shares to 63,25,525 shares.

Here's a breakdown of the promoter group's individual stakes before and after the share allotment:

Capital Structure Changes

The share allotment has resulted in significant changes to Rajvi Logitrade's capital structure:

• Before Allotment: 40,74,100 equity shares of ₹10 each, totaling ₹4,07,41,000
• After Allotment: 63,25,525 equity shares of ₹10 each, totaling ₹6,32,55,250

This represents an increase of 22,51,425 shares in the company's equity share capital.

Regulatory Compliance

The company has made this disclosure in compliance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The intimation of the change in shareholding was received on September 18, 2025, the same day as the share allotment.

It's important to note that while the promoter group's percentage stake has decreased, their absolute number of shares remains unchanged. The dilution in their stake is solely due to the increase in the company's total outstanding shares following the allotment to other shareholders.

Investors and market participants may want to take note of this change in the company's shareholding structure, as it represents a significant shift in the ownership pattern of Rajvi Logitrade Limited.