BSESrestha Finvest LtdMediumNeutral
Announced Fri, 3 Jul · 18:02 IST

Two directors resign, new independent director appointed at Srestha Finvest

Management Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.9%1-day move
₹0.34
prior close
₹0.34
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.9-2.9-8.8-2.9-14.7-14.7-17.6-17.6-20.6-2.9
Up moveDown movePending
AI summary

Srestha Finvest Ltd informed exchanges that two Non-Executive Non-Independent Directors, Mr. Mayurdwajsinh Sahadevsinh Rana and Mr. Sahadevsinh Babubha Rana, resigned on July 1, 2026 citing personal reasons and increasing preoccupation with other commitments. On July 3, 2026 the Board approved the appointment of Mr. Dipesh Jaswantlal Shah as Additional Director in the Non-Executive Independent category for a 5-year term, subject to shareholder approval. The Audit, Nomination and Remuneration, and Stakeholders Relationship Committees were reconstituted with the new director inducted.

Likely market impact

Two non-independent directors exit for personal reasons and are replaced by an independent director. Committees reconstituted, no governance red flags flagged.