Shree Vasu Logistics Limited has informed the Exchange regarding Outcome of Board Meeting held on February 26, 2026.
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Shree Vasu Logistics Limited informed the stock exchange about two key resignations noted by the Board at its meeting on February 26, 2026. Mr. Anil Kumar Katre, the Chief Financial Officer (CFO) and Key Managerial Personnel, resigned effective January 30, 2026, citing ongoing health concerns that prevent him from fulfilling his duties. Additionally, Mr. Vipul Sabharwal, a Non-Executive Independent Director, resigned effective February 24, 2026, citing personal reasons, with no other material reasons provided. Mr. Sabharwal also holds an Independent Director position at R R Kabel Limited. The Board has taken both resignations on record and is yet to announce replacements.
The simultaneous exit of the CFO and an Independent Director creates short-term governance and leadership uncertainty. Investors should watch for the appointment of a new CFO, as financial oversight gaps could affect reporting and operations in the interim.