Shivamshree Businesses Limited announced the Appointment of Mr. Prafulbhai Bavishiya as Managing Director for a period of 5 years with effect from September 27, 2023 to September 26, 2028 {both days inclusive), with the approval of Shareholders in the 40th Annual General Meeting of the Company held on 26th September, 2023. He is a commerce graduate and heads the Operation and Admin department of the Company. He has more than 25 years of rich experience in the field of operations and administration.

Resignation of Managing Director of the Company: Mr. Shaileshbhai Parshottambhai Bavishiya (DIN: 01908191) has resigned from the post of Managing Director of M/s. Shivamshree Businesses Limited with effect from 27th September, 2023. Mr. Shaileshbhai Parshottambhai Bavishiya will continue to act as an Executive Director with effect from 27th September, 2023.