Resignation of Mrs. Neelu Kumawat as an Executive Director and CFO of the Company.
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S. V. Trading & Agencies Ltd (BSE Scrip Code: 503622) announced multiple board changes effective July 21, 2025. Mrs. Neelu Kumawat resigned as Executive Director and Chief Financial Officer citing personal and unavoidable circumstances. She has been replaced by Mrs. Urvashi Tilkesh Sharma (Commerce graduate with 15+ years in management and administration), who has been appointed as Additional Executive Director and CFO, subject to shareholder approval. Additionally, Independent Director Mr. Chirag Ghadoliya also resigned due to personal reasons, and Mr. Kapil Paliwal (MBA with 10+ years in accounts and finance) has been appointed as Additional Non-Executive Independent Director for a five-year term, pending shareholder approval at the next AGM.
The changes are routine leadership transitions with replacements already in place, so continuity is maintained. Shareholders should note that all new appointments are subject to approval at the upcoming AGM, which will be the next key event to watch.