Ms. Samiksha Sanjay Singhvi, Independent Director and Ms Gunjan Rajesh Shah, Whole-time Director and Chief Financial Officer of the Company has resigned w.e.f. April 01, 2025
Awaiting price reaction for this filing.
Seven Hill Industries Ltd has informed the BSE about two resignations effective April 1, 2025. Ms. Samiksha Sanjay Singhvi stepped down as Independent Director, citing personal and unavoidable circumstances. Ms. Gunjan Rajesh Shah resigned as Whole-time Director and Chief Financial Officer, citing other professional commitments. Both directors confirmed there are no material reasons for their resignation beyond what was stated in their letters. The company has not yet announced any replacements for these positions. The Chairman, Rajkumar Popatlal Shingvi, signed off the intimation on April 2, 2025.
Losing both an independent director and the CFO on the same day creates a leadership vacuum and may raise short-term governance concerns. Investors should watch for timely appointments to fill these key roles, as a prolonged gap in financial leadership could affect reporting and oversight quality.