Resignation of Mr. Nikhil Kuwar Singh from the Designation of Whole Time Director and Mr. Sarojkumar Gupteshwar Pandey from the designation of Executive director and Cheif Financial Officer.
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Arigato Universe Limited has informed the stock exchanges that two senior officials have resigned, effective from the close of business hours on May 5, 2025. Mr. Nikhil Kuwar Singh (DIN: 09127337) stepped down as Whole-Time Director citing other professional commitments, and his resignation was submitted on May 2, 2025. Mr. Sarojkumar Gupteshwar Pandey (DIN: 09674050) resigned from his dual role as Executive Director and Chief Financial Officer (CFO), also citing other professional commitments, with the same effective date. Both resigning directors confirmed there are no material reasons or disagreements with the company behind their exits. The company has not yet announced replacements for these two positions, which leaves key leadership and finance roles vacant.
The simultaneous exit of both the Whole-Time Director and the CFO creates a leadership and finance oversight gap that may concern shareholders. Until replacements are appointed, the company may face challenges in strategic continuity, financial reporting, and compliance. Investors should watch for further announcements regarding new appointments and interim arrangements.