Heads UP Ventures Limited has informed the Exchange regarding Appointment of as Executive Director of the company w.e.f. February 23, 2026.
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Heads UP Ventures Limited has appointed two new Additional Executive Non-Independent Directors on its board, effective February 23, 2026. Mr. Ayush Patel (DIN: 10848330), a 22-year-old entrepreneur who graduated from Gujarat University in 2022, and Ms. Vaishali Patel (DIN: 11027965), a businesswoman with experience in operations and financial oversight, have both joined the board. The appointments were approved based on the recommendation of the Nomination and Remuneration Committee. The company has stated that neither appointee is related to any existing director and neither has been barred by SEBI from holding such a position. The existing director, Harsh Pravinbhai Patel, signed off on the intimation to the exchanges.
Two new executive directors have been added to strengthen the management team. Investors should note that while the company states no relation to existing directors, both new appointees share the 'Patel' surname with existing director Harsh Pravinbhai Patel, which may warrant closer scrutiny of any promoter family connections. The youth of Mr. Ayush Patel (born 2003) and limited public profile of both appointees could raise governance questions for some investors.