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Shivang Dave resigns as CFO at Sanghvi Forging & Engineering

Shivang Dave will be relieved from his role with effect from close of business hours on 15th May, 2021.

May 17, 2021 10:05 IST | India Infoline News Service
Sanghvi Movers
Sanghvi Forging & Engineering Limited has informed the exchange regarding resignation of Shivang Dave as Chief Financial Officer of the Company.

He will be relieved from his role with effect from close of business hours on 15th May, 2021.

Shivang Dave has resigned from the company due to his personal reasons and he confirmed that there is no other material reasons for his resignation.

The Company is in the process of appointme of a new CFO and will inform the exchanges accordingly.

The trading account is suspended due to procedural reasons for Monday trading session.

On Friday trade, Sanghvi Forging & Engineering ended at Rs16.50 per piece down by Rs0.85 or 4.9% on the BSE.

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