Appointment and Resignation of Directors
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S. V. Trading & Agencies Limited has announced multiple board changes effective July 21, 2025. Mrs. Neelu Kumawat resigned from her roles as Director (Women-Executive) and Chief Financial Officer citing personal and unavoidable circumstances. Mrs. Urvashi Tilkesh Sharma, a B.Com graduate with over 15 years of experience in management and administration, has been appointed as Executive Director and CFO. Additionally, Mr. Chirag Ghadoliya resigned as Independent Director, also citing personal reasons, while Mr. Kapil Paliwal, a postgraduate in Business Administration with 10+ years of finance experience, has been appointed as an Additional Non-Executive Independent Director for a five-year term, subject to shareholder approval at the upcoming AGM.
The CFO exit and replacement, along with the change in independent directorship, represent routine board-level reshuffling with no immediate operational or financial impact indicated. Shareholders should note that the new CFO and Independent Director appointments require approval at the next Annual General Meeting.