Independent Director Nikshit Hemendra Shah Resigns Citing Board Conflicts

Mr. Nikshit Hemendra Shah has resigned from his position as an Independent Director of Skyline Ventures India Limited, effective December 19, 2025. In a remarkably candid disclosure to the BSE, the company noted that Mr. Shah’s departure stems from ongoing conflicts between the management and shareholders. His resignation email explicitly stated that these “unwanted conflicts and pressures” have severely impaired the smooth functioning of the Board in recent times. This move follows a period of heightened corporate turbulence for the Hyderabad-based firm, including recent insolvency petitions and the cancellation of major business orders.