Resignation of Mr. Manoj Kumar Saraf and Mr. Sanjeev Kumar Saraf has been considered and taken on record.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Swadha Nature Ltd (formerly MS Securities Ltd.) announced the resignations of Mr. Manoj Kumar Saraf (DIN: 00175213) and Mr. Sanjeev Kumar Saraf (DIN: 01762532), both as Executive Directors, effective October 10, 2025. Both were Promoter Directors and founding shareholders of the company. They cited personal commitments requiring their focused attention as the reason for stepping down, with Mr. Manoj Kumar Saraf specifically mentioning retirement and passing responsibilities to the next leadership. The board meeting, held the same day from 5:30 p.m. to 6:00 p.m., took these resignations on record. Managing Director Dipakkumar Shah (DIN: 08234203) remains on the board.
The simultaneous exit of two Promoter Executive Directors could raise governance concerns for shareholders, as the company loses founding leadership without immediate replacement announced. Investors should watch for any new appointments and assess continuity of strategy and operations going forward.