PVP Ventures Limited has made a regulatory disclosure regarding changes in its board composition following a board meeting held on August 14, 2026.
Director Resignations
1. Resignation of Mr. Kushal Kumar (DIN: 07215738)
- Position: Non-Executive Independent Director
- Effective Date: 14th August, 2026 (as specified in resignation letter)
- Reason for Resignation: Personal commitments
- Additional Details: In his resignation email sent on August 14, 2026 at 11:38 AM, Mr. Kumar cited increased international commitments as the reason for his decision. He requested the filing of statutory Form DIR-12 with the Registrar of Companies and asked for a copy of the acknowledged form for his records.
2. Resignation of Mr. Dileep Badey (DIN: 11493915)
- Position: Executive Director
- Effective Date: 14th August, 2026
- Reason for Resignation: Personal reasons
- Additional Details: In his resignation email sent on August 14, 2026 at 12:26 PM, Mr. Badey confirmed there were no other material reasons for his resignation and no claims against the company.
Board Action
The Board of Directors noted and accepted both resignations during the meeting held on August 14, 2026.
Financial Impact
No financial impact or quantification of the resignations was disclosed in the filing.