SVS Ventures Limited Announces Major Leadership Changes

SVS Ventures Limited , a company listed on the BSE (Scrip Code: 543745), has announced significant changes in its top leadership, marking a new chapter in the company's management structure.

Leadership Transition

The company has disclosed the following key changes in its leadership:

Resignation of Shashikant Vedprakash Sharma

Mr. Shashikant Vedprakash Sharma has stepped down from his role as Managing Director and Chief Executive Officer of SVS Ventures Limited, effective November 19, 2025. In his resignation letter, Mr. Sharma cited pre-occupation and other professional commitments as the reasons for his departure. He expressed gratitude for the opportunity to serve and contribute to the company's growth and success.

Appointment of Vishal Mahendrabhai Thekdi

The Board of Directors has appointed Mr. Vishal Mahendrabhai Thekdi as the new Managing Director and Key Managerial Personnel of the company. Mr. Thekdi's appointment is effective from November 20, 2025, for a term of five years, subject to shareholder approval at the upcoming general meeting.

Mr. Thekdi brings a wealth of experience to his new role. He is described as a dynamic and results-driven business professional with extensive experience in real estate development, property management, and cater oil manufacturing operations. His strengths include leading projects from concept to completion, optimizing production processes, building strategic partnerships, and driving sustainable business growth.

Additional Board Appointment

In addition to the change in Managing Director, SVS Ventures Limited has also appointed Mr. Vishnu Kumar Bhagvandas Prajapati as an Additional Director (Non-Executive Non-Independent) to the company's board, effective November 20, 2025. This appointment is also subject to shareholder approval.

Mr. Prajapati is noted for his extensive experience in agriculture produce and agri-product oil manufacturing operations. He is known for his ability to lead projects, optimize production processes, and build strategic partnerships.

Regulatory Compliance

The company has confirmed that both Mr. Thekdi and Mr. Prajapati are not debarred from holding the office of director by any SEBI order or other authority, ensuring compliance with regulatory requirements.

These leadership changes come as SVS Ventures Limited looks to navigate its next phase of growth and development. The new appointments bring fresh perspectives and diverse experience to the company's top management, which may shape its strategic direction in the coming years.