Reason for delay in submission of intimation of resignation of Directors
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Two directors - Mr. Vivek Kailashchandra Seksaria and Mr. Yashasvi Vivek Seksaria - resigned from Ishwarshakti Holdings effective March 31, 2026, citing personal and unavoidable circumstances. The company failed to inform BSE within the required 24-hour window under SEBI (LODR) Regulations. The delay occurred because the resignations were part of an internal family settlement arrangement, and the disclosure requirement was inadvertently overlooked. Both directors confirmed no other material reasons for their departure. The company has apologized for the oversight and stated it has no material impact on operations or financials.
Minor compliance issue with no stated impact on operations or financials. However, two directors resigning as part of a family settlement may indicate ownership or governance changes that investors should monitor.