Pursuant to the Regulation 30 of SEBI (LODR) regulation,2015 -schedule III Part -Disclosure of change in management of shivom Investment & consultancy Limited.
Awaiting price reaction for this filing.
Shivom Investment & Consultancy Limited held a board meeting on May 21, 2026, approving three key changes. First, two new Independent Non-Executive Directors were appointed — Ms. Kajal Ankitbhai Pambhar and Ms. Avani Vishnubhai Patel — for a two-year term, subject to shareholder approval. Second, Mr. Kuldeep Bharatbhai Khachar's designation was changed from Executive Director to Non-Executive Director. Third, two existing Independent Directors — Ms. Purvi Ramkumar Ukani and Mr. Manish Mahendrabhai Raval — resigned effective close of business on May 21, 2026, citing other professional commitments and personal reasons. Both resigning directors confirmed there are no other material reasons for their departure. They also cease to be members of the Audit Committee and Nomination and Remuneration Committee.
The simultaneous resignation of two independent directors signals potential governance concerns, though the company has appointed replacements. Shareholders should monitor whether the board maintains adequate independent oversight post-transition.