We are hereby submitting the resignation of Directors from the Board of Directors of the Company with effect from the closing hours of Monday, 28th July, 2025.
Awaiting price reaction for this filing.
Pasupati Fincap Ltd announced that three directors have resigned from the board with effect from 28 July 2025. Mr. Anand Kumar Aggarwal stepped down as Non-Executive and Independent Director citing personal reasons. Mr. Vidit Jain (Executive Director) and Ms. Vrinda Jain (Non-Executive Non-Independent Director) resigned because the entire promoter shareholding had already been transferred to Mr. Dinesh Pareekh under a Share Purchase Agreement dated 7 October 2024, leaving them no longer associated with the company. The resignations were all received on the same day and disclosed under SEBI LODR Regulation 30. Anil Malik remains as Whole Time Director signing the filing.
This reflects a completed change in promoter control — the new promoter (Dinesh Pareekh) now owns the company's shares while the previous promoter family (Jains) has exited the board. Shareholders should expect a formal reclassification of the promoter list with stock exchanges and ROC. The departure of multiple directors at once may raise short-term governance uncertainty but appears to be a planned transition rather than a red flag.