Shree Vasu Logistics Limited has informed the Exchange regarding Resignation of Mr Vipul sabharwal as Non- Executive Independent Director of the company w.e.f. February 24, 2026.
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Shree Vasu Logistics Limited has informed the stock exchanges that Mr. Vipul Sabharwal (DIN: 03429263) has resigned from his position as Non-Executive Independent Director, effective from the close of business hours on February 24, 2026. The reason cited is purely personal, and the outgoing director has confirmed there are no other material reasons behind his exit. Mr. Sabharwal will continue to serve as an Independent Director on the board of R R Kabel Limited, where he sits on the Audit Committee and Nomination and Remuneration Committee. The company has acknowledged his contributions during his tenure and filed the intimation under SEBI LODR Regulation 30.
This is a routine board-level change with no stated governance concerns, so it should not materially affect shareholders or the stock price. Investors may want to keep an eye on whether a replacement Independent Director is appointed within the timelines required under SEBI rules to ensure continued board compliance.