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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Saptak Chem And Business Ltd's board met on December 29, 2025, and approved two key decisions. First, the company is shifting its registered office within Ahmedabad, from Manorama Park in Isanpur to C-608 Shyam Parisar in Isanpur. Second, the board accepted the resignation of Mr. Manthan Bhavsar (DIN: 05208214) from the post of Managing Director and Director, effective the same day. Mr. Bhavsar cited personal pre-occupations as the reason and confirmed there are no other material reasons for his exit. He held no shares in the company. Rohitkumar Parikh (DIN: 07394964) continues as Managing Director, based on his signature on the filing.
The MD's resignation due to personal reasons, with no other material concerns disclosed and no shareholding, is a neutral-to-mildly-negative governance signal. Continuity is maintained since Rohitkumar Parikh remains as Managing Director. The registered office shift is local within Isanpur, so it has no operational impact.