Change in designation of Mrs. Vidhi Shail Savla from Whole-Time Director(Promoter and Executive)-Key Managerial Personnel to Director (Promoter and Non-executive) of the Company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
At a board meeting on May 26, 2025, Trustedge Capital Ltd (formerly Adinath Exim Resources Ltd, script code 532056) approved audited financial results for Q4 and FY ended March 31, 2025. Mr. Bharat Jethalal Suthar resigned as CFO citing health reasons, effective end of May 26, 2025, and was replaced by Mr. Jayprakash Labhshankar Raval (25 years of finance and management experience) effective May 27, 2025. Mrs. Vidhi Shail Savla, daughter-in-law of Chairman/MD Mr. Manoj Savla, stepped down as Whole-Time Director (Executive, KMP) and continues on the board as a Non-Executive Promoter Director from May 27, 2025. Additionally, Ms. Pinkal Parva Mehta was appointed as the new Company Secretary and Compliance Officer (KMP), replacing the previous CS. The board also amended its UPSI fair disclosure code.
Multiple KMP-level changes in a single board meeting — CFO exit due to health (with a replacement already lined up), a promoter family member moving from executive to non-executive role, and a new Company Secretary — may cause short-term governance uncertainty but appears orderly with successors already identified.