SV Trading & Agencies Limited has announced the appointment of Mr. Shashank Mehta as the Company Secretary and Compliance Officer, effective November 13, 2025. This decision was made by the Board of Directors following a recommendation from the Nomination and Remuneration Committee.

Key Appointment Details

Professional Background

Mr. Mehta brings over eight years of professional experience to his new role. His expertise spans various areas, including:

• Finance
• Credit analysis
• Portfolio management

Prior to joining SV Trading & Agencies, Mr. Mehta has worked with reputed institutions such as IndusInd Bank and Mahindra & Mahindra Financial Services Limited. His experience in these organizations has equipped him with strong skills in credit evaluation, financial assessment, and compliance management.

Company's Financial Performance

The appointment comes as SV Trading & Agencies reported its financial results for the quarter and half-year ended September 30, 2025. The company's unaudited financial highlights include:

Board Meeting Outcomes

In addition to Mr. Mehta's appointment, the Board of Directors meeting held on November 13, 2025, also approved the unaudited financial results for the quarter and half-year ended September 30, 2025. These results have been subjected to a limited review by the company's statutory auditors, M/s G R A M and Associates LLP, Chartered Accountants.

The appointment of Mr. Shashank Mehta as Company Secretary and Compliance Officer is expected to strengthen SV Trading & Agencies' corporate governance and compliance framework. His extensive experience in finance and compliance may prove valuable as the company navigates its current financial situation and looks towards future growth opportunities.

SV Trading & Agencies Limited, a Mumbai-based company, has reported a significant financial downturn and announced a series of major leadership changes, as disclosed in their latest quarterly results and board meeting outcomes.

Financial Performance

The company reported a net loss of Rs 5.11 lakhs for the quarter, marking a stark contrast to the net profit of Rs 92.05 lakhs recorded in the same period last year. This represents a substantial decline in the company's financial performance.

*All figures in Rs. lakhs, except EPS

Leadership Changes

The company has undergone significant management restructuring:

1. CFO and Director Resignation: Mrs. Neelu Kumawat has stepped down from her positions as Director (Women-Executive) and Chief Financial Officer, citing personal circumstances.

2. New Executive Director and CFO: Mrs. Urvashi Tilkesh Sharma has been appointed as the new Executive Director and Chief Financial Officer. She brings over 15 years of experience in management and administration to her new role.

3. Independent Director Changes: Mr. Chirag Ghadoliya has resigned as an Independent Director due to personal reasons. Mr. Kapil Paliwal, with over 10 years of experience in accounts and finance, has been appointed as a new Additional Non-Executive Independent Director for a five-year term, subject to shareholder approval.

4. Company Secretary Appointment: Ms. Isheeta Sharma, an Associate Member of the Institute of Company Secretaries of India, has been appointed as the new Company Secretary and Compliance Officer.

Other Key Developments

• Registered Office Relocation: The company has approved a change in its registered office location to Unit No. 45, Lower Ground, The Tenth Central Co Op Premises Soc Ltd, Near D Mart, Mahavir Nagar, Kandivali, Mumbai.

• Board Committee Reconstitution: Following the leadership changes, the company has reconstituted its board committees, including the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee.

The board meeting, which approved these changes and the quarterly results, was held on July 21, commencing at 1:00 PM and concluding at 3:30 PM.

These developments come at a crucial time for SV Trading & Agencies Limited as it navigates through financial challenges and implements significant organizational changes. The impact of these leadership transitions on the company's future performance remains to be seen.