Shiva granito export Limited has announced the resignation of Mr. Satish Heda from his position as Independent Director, effective from the closing of working hours on March 10, 2026. The company informed the Bombay Stock Exchange about this development through a formal intimation under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Resignation Details

Mr. Satish Heda, holding Director Identification Number (DIN) 10554028, submitted his resignation letter on March 10, 2026. The resignation was attributed to his preoccupation and personal unavoidable circumstances. In his resignation letter, Mr. Heda explicitly confirmed that there are no other material reasons for his departure beyond those mentioned.

Regulatory Compliance

The company has fulfilled its regulatory obligations by providing the required intimation to the stock exchange. The notification includes comprehensive details as mandated under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015.

Board Impact

With his resignation from the Independent Director position, Mr. Heda will also step down as member or chairman of any committees of the Board of Directors of Shiva Granito Export Limited. The resignation letter was signed by Managing Director Abhinav Upadhyay (DIN: 01858391) on behalf of the company.

Documentation

The company has provided complete documentation including the resignation letter and annexures containing the details required under regulatory provisions. Mr. Heda's resignation letter specifically requested the company to arrange necessary forms and intimations with the Registrar of Companies and Stock Exchange regarding his departure.