1. Authorised Mr Mitesh Jayantilal Thakkar as authorised person for proposal of debt issue in the form of External Commercial borrowing 2. Resignation of Ajay Kumar Singh as Chief financial ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vishvprabha Ventures held a board meeting on November 6, 2025, chaired from 3:00 PM to 4:00 PM. The board authorized Managing Director Mitesh Jayantilal Thakkar to act as the authorized person for proposing a debt issue in the form of External Commercial Borrowings (ECB), which means raising funds from overseas lenders in foreign currency. The board also formally noted the resignation of Chief Financial Officer Ajay Kumar Singh, which had been intimated earlier on September 30, 2025 and was effective the same day. No replacement CFO has been announced in this filing.
The ECB proposal signals the company is exploring foreign debt funding, which could expand its capital sources but also expose it to currency risk. The CFO position appears to have been vacant since September 30, which raises a mild governance concern about leadership continuity, though this was already known to the market.