Skyline Ventures India Limited has announced a change in its board composition with the resignation of an Independent Director. The company has formally communicated this development to the stock exchange as part of its regulatory compliance obligations.

Director Resignation Details

Mr. Ajay Kumar Giri (DIN: 10254489) has tendered his resignation from the position of Independent Director of Skyline Ventures India Limited. The resignation became effective from December 29, 2025, with the director citing personal reasons for his departure from the board.

The key details of the resignation are presented below:

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015. The announcement was made to BSE Limited on December 30, 2025, in accordance with the requirements for reporting changes in Directors and Key Managerial Personnel.

The disclosure was made pursuant to Clause 7, Para A of Part A of Schedule III to the SEBI LODR regulations, read with the SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Formal Communication

Mr. Giri submitted his resignation through a formal email communication to the company. In his resignation message, he expressed appreciation for the opportunity to serve as part of the organization and extended wishes for the team's continued success.

The resignation letter was signed by Hannah Priyadarshini, Director (DIN: 10103528), on behalf of Skyline Ventures India Limited, and submitted to the BSE Limited's Listing Compliance Department for record purposes.

Skyline Ventures India Limited has announced the resignation of its Independent Director, Mr. Nikshit Hemendra Shah, effective December 19, 2025. The resignation was disclosed under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, highlighting significant governance challenges within the company.

Resignation Details

The company provided comprehensive details regarding the directorship change in its regulatory filing:

Stated Reasons for Departure

According to the company's disclosure, Mr. Shah resigned due to conflicts between management and shareholders. The filing specifically noted that these unwanted conflicts and pressures have impaired the smooth functioning of the Board in recent times. This indicates ongoing governance issues that have affected the company's decision-making processes.

Formal Resignation Process

Mr. Shah submitted his formal resignation through an email addressed to the Board of Directors on December 19, 2025. In his resignation communication, he:

• Confirmed his resignation as Independent Director with immediate effect
• Cited the same reasons mentioned in the company's regulatory filing
• Requested the release of pending payments due to him
• Asked the Board to accept his resignation immediately and file necessary forms with MCA and SEBI

Regulatory Compliance

The disclosure was made in compliance with multiple regulatory requirements:

• Regulation 30 of SEBI LODR
• Clause 7, Para A of Part A of Schedule III to the said Regulation
• SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024

These regulations specifically address changes in Directors and Key Managerial Personnel, ensuring transparency in corporate governance matters.

Company Information

Skyline Ventures India Limited, with CIN L45200TG1988PLC009272, has its registered office at Workafella, Cyber Crown-424, Sec-II, HUDA Techno Enclave, Madhapur, Hyderabad, Telangana. The resignation was signed off by Director Hannah Priyadarshini (DIN: 10103528), indicating the company's commitment to maintaining proper governance protocols despite the ongoing challenges.