Intimation of resignation of Mrs. Geeta Seksaria, as Chairman and Managing Director of the Company w.e.f. 28.05.2026
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Mrs. Geeta Seksaria has tendered her resignation as Chairman & Managing Director of Ishwarshakti Holdings & Traders Ltd, effective close of business hours on May 28, 2026. The resignation is due to personal and unavoidable circumstances, as confirmed in her resignation letter dated May 21, 2026. She has stated there are no other material reasons for her departure. With this resignation, Mrs. Seksaria also ceases to be a Key Managerial Personnel (KMP) under Section 203 of the Companies Act, 2013. The Board has appreciated her valuable contribution and guidance during her tenure. The company has not announced a successor to fill the top leadership position as of now.
The sudden resignation of the Chairman & Managing Director creates leadership uncertainty. Investors should monitor for the appointment of a replacement and any further disclosures about the company's governance and operational direction.