VCU Data Management Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/07/2025 ,inter alia, to consider and approve 1. Resignation of Mr. Shripal ....
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VCU Data Management has called a board meeting on July 21, 2025, to take on record the resignations of Mr. Shripal Bafna (Whole Time Director, effective June 23, 2025) and Ms. Payal Sharma (Non-Executive Non-Independent Director, effective June 18, 2025). The board will also appoint Mr. Nirbhay Singh as the new Chairperson and reconstitute committees. Additionally, Mr. Shripal Bafna and Mr. Sanjay Vardhan (a Promoter) have requested reclassification from 'promoter and promoter group' to 'public' category, subject to stock exchange and shareholder approval. The company is appointing M/s Ankur Gandhi and Associates as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30) and M/s Mistry Foresight Consulting as Internal Auditor for FY 2025-26.
Shareholders should note the loss of a key managerial person (Whole Time Director) and a board member, alongside the exit of a promoter from the promoter group, which could signal a shift in ownership structure. New auditor appointments and a new Chairperson indicate governance restructuring, but the stock may see short-term volatility given the multiple board-level changes.