Mr Nikshit Hemendra Shah resigned as Director w.e.f. December 19, 2025.
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Mr. Nikshit Hemendra Shah (DIN: 07910462) resigned as Independent Director of Skyline Ventures India Limited effective December 19, 2025. In his resignation letter, he stated the reason as 'conflicts between management and shareholders' that have 'impaired smooth functioning of Board in recent times.' He also requested the company to release his pending payments. The resignation email was received by the company at 6:18 PM on December 19, 2025, and the intimation to BSE was filed on December 20, 2025, signed by Director Hannah Priyadarshini.
This is a significant red flag for shareholders — an independent director publicly citing board dysfunction and unresolved management-shareholder conflicts points to serious internal governance problems. Retail investors should treat this as a warning sign and watch for further board-level developments or regulatory follow-up before taking fresh positions.