This is to inform you that Mrs. Manju Sanghvi who was appointed as an Independent director of the company for a second term of five consecutive years and whose term is expired on 30th September, ....
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Shivagrico Implements Ltd has informed the BSE that Mrs. Manju Sanghvi (DIN: 07745282), an Independent Director of the company, has vacated her office with effect from 30th September 2025. This follows the natural completion of her second consecutive five-year term as Independent Director, as permitted under the Companies Act, 2013 and SEBI LODR Regulations. The company has explicitly stated there are no other material reasons behind the change. This is a routine regulatory disclosure under Regulation 30 of SEBI LODR.
This is a routine, expected event with no negative implications for shareholders. The director's exit is due to the completion of the maximum permissible tenure, and the company will need to appoint a new Independent Director to maintain board composition compliance.