SNShri Niwas Leasing And Finance538897Routine director change

Two Independent Directors Resign, One Additional Independent Director Appointed

Two Independent Directors resigned and one new Independent Director was appointed, effective 12 October 2026.

By ScoutQuest · Tue 13 Oct 2026, 6:46 PM IST · 2 min read

Independent Director Resignations

Mr. Ravindra Dilip Davrung (DIN: 11232334) and Ms. Rekhaben Sanjay Bhanushali (DIN: 11232261), citing personal reason

New Independent Director Appointed

Ms. Anjali Kishor Gajra (DIN: 11283629), Additional Independent & Non-Executive Director

Effective Date

12 October 2026

The board of Shri Niwas Leasing And Finance Ltd met on Monday, 12 October 2026, from 6:00 PM IST to 6:40 PM IST, and approved changes in the composition of its board of directors. Two independent directors resigned and one new additional independent director was appointed, all effective 12 October 2026.

What the board approved

• Resignation of Independent Director Mr. Ravindra Dilip Davrung (DIN: 11232334) with effect from 12 October 2026. The reason recorded is Personal Reason.
• Resignation of Independent Director Ms. Rekhaben Sanjay Bhanushali (DIN: 11232261) with effect from 12 October 2026. The reason recorded is Personal reason.
• Appointment of Ms. Anjali Kishor Gajra (DIN: 11283629) as an Additional Independent & Non-Executive Director of the company with effect from 12 October 2026.

What the company has stated about the resignations

• The company has received confirmation from all directors that there is no other material reason for the resignations other than those provided in the resignation letters.
• Both outgoing directors are stated to be not related to the directors or key managerial personnel of the company.
• Both are stated to be not debarred from holding the office of director by virtue of any SEBI order or any other authority.

Profiles given for the two outgoing directors

• Mr. Ravindra Dilip Davrung is a graduate, born 10.08.1997. Besides Shri Niwas Leasing And Finance Limited (appointed 30/08/2025), he holds directorship in Grand Oak Canyons Distillery Limited (appointed 02/09/2025).
• Ms. Rekhaben Sanjay Bhanushali is a graduate, born 10/01/1997. Besides Shri Niwas Leasing And Finance Limited (appointed 30/08/2025), she holds directorship in Grand Oak Canyons Distillery Limited (appointed 02/09/2025).

Profile given for the incoming director

• Ms. Anjali Kishor Gajra is a graduate, born 24/12/1993, and is stated to be not related to any director of the company. Her directorship listed is in Utsav Securities Private Limited (appointed 11/11/2025).

How this can be read

• Two independent directors leaving at the same time is a change worth noting, since independent directors are meant to bring outside oversight to the board.
• The update attributes the exits to personal reasons and records that all directors have confirmed there is no other material reason.
• One new additional independent and non-executive director has been appointed effective the same date, so the vacancy created is being filled.
• The update gives the reason for the resignations and the profiles of the outgoing and incoming directors; nothing further about the company's operations or finances is part of this disclosure.

What investors can track ahead

• The composition of the board and its committees after these changes take effect.
• Any further disclosures on board or management changes.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev