VARVEE GLOBAL LIMITED has informed the Exchange regarding 'Revision Resignation of Mr. Kandarp Trivedi as Independent Director of the Company'.
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Mr. Kandarp Trivedi (DIN: 00314065) has resigned as Independent Director of Varvee Global Limited effective close of business hours on March 2, 2026, citing other professional commitments and personal reasons. He also stepped down as Chairman and member of the Stakeholder Grievance & Relationship Committee, Nomination and Remuneration Committee, and Audit Committee. Mr. Trivedi confirmed that there are no other material reasons for his resignation. He continues to serve as a director on the board of Asian Granito India Limited. The Board has recorded its appreciation for his contribution during his tenure.
This is a routine independent director exit for personal reasons with no governance red flags, so the near-term impact on the stock is likely minimal. However, investors should watch for timely appointment of a replacement independent director to ensure board composition complies with SEBI Listing Regulations.