Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that Mr. Bhumit Patel (DIN: ....
PRAVEG · price
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Praveg Ltd has informed the stock exchange that Mr. Bhumit Patel (DIN: 02796255), Whole-time Director of the company, has resigned with effect from December 31, 2025. He cited preoccupancy and engagements in various professional assignments and social activities as the reason. The company confirmed there are no other material reasons behind the resignation. Mr. Patel also stepped down as Non-Executive Director and Chairman of the Stakeholders Relationship Committee of Jhaveri Credits and Capital Limited on the same date.
The exit of a Whole-time Director, who is a Key Managerial Personnel, may cause short-term governance uncertainty and could weigh slightly on investor sentiment, though the stated reason appears personal rather than indicative of any internal dispute.