NSEChange in Management23 Jun 2026 · 23 Jun 2026, 06:02 pm

Change in Management

Arshiya Limited · ARSHIYA

✦ AI SummaryMgmt Change

Arshiya Limited announced the resignation of Mr. Ved Prakash, a Non-Executive Independent Director, effective February 18, 2026. The reason cited is his inability to devote sufficient time due to residing in Dubai. Notably, the resignation was tendered in September 2024 but was formally acknowledged with a significant delay by the Resolution Professional, as the company is currently undergoing Corporate Insolvency Resolution Process (CIRP), suspending the powers of the Board of Directors.

Analysis Scores

Earnings Impact5/10
Growth Catalyst1/10
Governance Concern6/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact5/10
Market Sentiment4/10

Full Announcement

Arshiya Limited has informed the Exchange about change in Management pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015-Resignation of Mr. Ved Prakash, Non- Executive Independent Director.