Vikas Lifecare Limited has informed the Exchange about General Updates
VIKASLIFE · price
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Vikas Lifecare Limited has informed the exchanges about the resignation of Mr. Parag Dadeech (DIN: 08103407) from the position of Whole-time Director (Executive Director) of the company. The resignation takes effect from the close of business hours on May 10, 2025. In his resignation letter, Mr. Dadeech cited personal and unavoidable reasons and confirmed there are no other material reasons for his exit. The disclosure was filed under Regulation 30 of the SEBI Listing Regulations, with the resignation letter attached as Annexure B. The company has not announced any replacement appointment so far in this filing.
The departure of a whole-time director is a notable change in leadership and may raise short-term governance concerns among shareholders. Investors should watch for any follow-up announcement regarding a replacement, as prolonged gaps in executive leadership can weigh on small-cap sentiment.