Khyati Global Ventures Ltd
Khyati Global Ventures: Independent Director Farhaad Dastoor resigns effective April 29, 2026
MANAGEMENT
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 30 Apr 2026, 05:01 PM IST · BSE ID: 9b13870c-c861-4234-969a-66621319dd1f
View Original BSE Filing (PDF)
💡
In Simple Terms
An independent board member of Khyati Global Ventures resigned from the company effective April 29, 2026, due to personal reasons and other work commitments.
🤖 AI Summary
- Independent Director Farhaad Dastoor (DIN: 08734847) resigned effective April 29, 2026
- Cited personal and other professional commitments as reasons for resignation
- Ceased membership of Audit Committee and Nomination & Remuneration Committee
- Board accepted resignation on April 30, 2026; no material undisclosed reasons
- Filing made under Regulation 30 LODR with SEBI Circular CIR/2023/123 compliance
🔢 Key Numbers — exact figures from BSE filing, not rounded
Resignation Effective Date
April 29, 2026 (close of business hours)
DIN of Resigning Director
08734847
Board Meeting Duration
40 minutes (4:00 PM to 4:40 PM on April 30, 2026)
🏢 How This Affects the Company
Loss of Independent Director reduces board composition and oversight capacity. Audit Committee and Nomination & Remuneration Committee lose one member each, potentially affecting committee quorum and governance effectiveness pending replacement.
Board governance weakened temporarily until replacement appointed. Independent director representation on committees reduced, which affects audit independence and remuneration oversight quality.
👥 What This Means For Shareholders
✅
Action Required
No immediate action required. Monitor BSE filings for independent director replacement announcement within regulatory timeline.
👤
Who Is Affected
All shareholders affected equally. Independent director vacancy reduces board's audit and remuneration oversight capacity, which protects all shareholder interests.
🔍
Management Signal
Departure reflects personal priorities rather than company disagreement. Formal confirmation of no material undisclosed reasons suggests orderly, non-contentious exit.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
BSE filing for Independent Director appointment — expected within 3 months regulatory window
Board composition disclosure — verify new independent director names and committee assignments
Audit Committee and Nomination Committee meeting minutes — confirm interim governance continuity
MEDIUM RISK
Independent director vacancy weakens governance oversight temporarily. Audit and Nomination committees under-resourced. Timely replacement critical for regulatory compliance and shareholder protection.
💡 Investor Takeaway
Farhaad Dastoor resigned as Independent Director effective April 29, 2026, from Audit and Nomination & Remuneration Committees. Company confirmed no material undisclosed reasons. Board governance temporarily weakened; monitor for timely replacement announcement.
⚖️ Strengths & Concerns
⚠️ Concerns
- Independent director vacancy reduces board's independent oversight strength during transition period until replacement appointed
- Loss of committee members from Audit and Nomination & Remuneration Committees reduces governance redundancy and effectiveness