Intimation of Resignation of Directors
Awaiting price reaction for this filing.
Vasudhagama Enterprises Ltd (formerly Ozone World Limited) has informed BSE that two directors — Vikas Babu Pawar (DIN 09572053) and Rajendra Waman Banote (DIN 09643807) — have resigned effective February 18, 2026. A board meeting is scheduled for February 25, 2026 to approve unaudited financial results for Q1, Q2 (six months ended June 30, 2025) and Q3 (nine months ended December 31, 2025). The board will also discuss the company's pivoting and revival strategy, targeting a consolidated topline of ₹10–15 crore for FY27, along with recovery of business advances and an application for revocation of trading suspension.
Two directors exiting on the same day raises governance concerns for retail investors, though the company is also outlining a revival plan targeting ₹10–15 crore in revenue. The stock currently appears to be under trading suspension, so any near-term price action is limited until the suspension is revoked.