Nature of the Event
Indianivesh Limited has disclosed the resignation of Mr. Jagdish Prasad Ridhkaran Pareek from his position as Non-Executive Independent Director of the company.
Key Details of Resignation
- Director Name: Mr. Jagdish Prasad Ridhkaran Pareek (DIN: 00048635)
- Position: Non-Executive Independent Director
- Resignation Date: Effective 16th October 2026 at closing of business hours
- Reason for Resignation: Pre-occupation and personal commitments
- Material Reasons: None - the director explicitly confirmed "there is no material reason for my resignation other than the personal reasons stated above"
Board Meeting Details
- Meeting Date: Friday, 16th October 2026
- Meeting Time: Commenced at 12:30 noon and concluded at 1:30 p.m.
- Action Taken: Board noted and approved the resignation
Additional Implications
Mr. Pareek ceased to be the Chairperson/Member of all committees of the Board consequent to his resignation.
Parties Involved
- Resigning Director: Mr. Jagdish Prasad Ridhkaran Pareek (DIN: 00048635)
- Signing Authority: Mr. Rajesh Nuwal, Managing Director (DIN: 00009660)
Dates and Timelines
- Resignation Letter Date: 16th October 2026
- Board Meeting Date: 16th October 2026
- Effective Date of Resignation: 16th October 2026 (closing of business hours)
- Disclosure Date: 16th October 2026
Financial and Operational Impact
No financial impact or operational consequences disclosed in the filing.