Mr. Bhumit Patel (DIN: 02796255), Non Executive Director of the Company, has tendered his resignation from the position of Non Executive Director of the Company with effect from closing ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Bhumit Vinodkumar Patel (DIN: 02796255) has resigned from his position as Non-Executive Director of Jhaveri Credits & Capital Ltd, effective from the close of business hours on December 31, 2025. The reason cited is his preoccupations and engagements in various professional assignments and social activities. The company has confirmed there are no other material reasons behind his resignation. Notably, Mr. Patel also stepped down as Whole-Time Director of Praveg Limited on the same date. The disclosure has been made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
This is a routine board-level exit with a benign stated reason (preoccupation), so it is unlikely to materially impact the stock price or shareholder value. Investors may note that one board seat will need to be filled going forward.