BSENanavati Ventures LtdHighNegative
Announced Sat, 10 Jan · 17:09 IST

Resignation of Company Secretary

Kmp ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Mr. Nikunj Kalubhai Maniya has resigned from the position of Company Secretary & Compliance Officer (a Key Managerial Personnel role) of Nanavati Ventures Limited, effective from January 10, 2026 after business hours. The Board of Directors acknowledged the resignation on the same day, with Managing Director Shreykumar Hasmukhbhai Sheth signing off on the acceptance. No reasons for the resignation were disclosed in the letter, and the outgoing CS has offered to assist with a smooth handover of duties. The company has not yet announced a replacement for the role.

Likely market impact

Loss of a KMP creates a compliance gap that must be filled quickly under SEBI LODR rules, which require listed companies to have a qualified Company Secretary at all times. For shareholders, this is a routine administrative change with no direct business impact, but any delay in appointing a replacement could attract regulatory scrutiny.