BSEKDJ Holidayscapes and Resorts LtdHighNegative
Announced Wed, 15 Jul · 19:58 IST
KDJ Holidayscapes renamed Avenique: MD and CFO exit, auditor changed, biz shifts to bio-gas
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
KDJ Holidayscapes and Resorts is now Avenique Limited. On July 15, 2026: Managing Director Hemantbhai Raval and CFO Akash Parmar resigned citing personal and professional reasons. Ravikumar Patel promoted from Non-Executive Director to Managing Director; Purvikkumar Patel joins as Executive Director and CFO. Auditor DD Shah Patel resigned mid-term citing capacity constraints, replaced by JM Patel and Bros for five years. Object clause altered to exit chemicals and enter compressed bio-gas, renewable energy, and waste-to-energy. AGM set for August 10, 2026.
Likely market impact
Big board and business overhaul. Watch governance quality and execution risk as the company pivots from chemicals to renewable energy.