Navkar Corporation Limited has informed the Exchange about change in Management
NAVKARCORP · price
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Navkar Corporation has restructured its Senior Management Personnel (SMP) list effective July 17, 2025. Two officials — Mr. Mahesh Adapa (COO) and Mr. D. Jesus Leo (GM-Projects & Sales) — have been newly categorized as SMP and will now report to Whole-Time Director Mr. Amit Garg. Four other officials (Yogesh Jain, Amit Gandhi, Satish Sharma, and Arvind Kumar) cease to be classified as SMP, though the company clarifies they have not resigned and remain employees. The company says these changes are part of an internal governance restructuring with no material impact on operations.
This is a routine internal reclassification of management roles, not a leadership exit or board change. Shareholders should not read this as a negative signal — no one has resigned and operations remain unaffected. Investors can continue to monitor the company for any subsequent material leadership changes at the board level.