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Suvidhaa Infoserve Clears Quarterly Results, CFO Resigns and Independent Directors Reappointed

Story Highlights
  • Suvidhaa Infoserve approved December-quarter unaudited results and noted CFO Prashant Thakar’s resignation, shifting him to a non-executive director role.
  • The board moved to strengthen governance by reappointing independent directors Shail Shah and Ritesh Chothani for new five-year terms, pending shareholder clearance.
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Suvidhaa Infoserve Clears Quarterly Results, CFO Resigns and Independent Directors Reappointed

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The latest announcement is out from Suvidhaa Infoserve Limited ( (IN:SUVIDHAA) ).

Suvidhaa Infoserve Limited’s board, meeting via audio and video conference on February 9, 2026, approved the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, authorising Managing Director Naresh Sharma to sign the accounts. The board also recorded the resignation of Chief Financial Officer Prashant Thakar effective the same date, while changing his role from whole-time director to non-executive director in line with recent SEBI disclosure norms.

In a move to reinforce board independence and continuity, the company approved the reappointment of independent directors Shail Shah and Ritesh Chothani for second five-year terms starting February 17, 2026, subject to shareholder approval by special resolution through postal ballot. Both directors confirmed compliance with independence criteria under the Companies Act and listing regulations, and that they are not debarred by SEBI or any other authority from holding directorships.

More about Suvidhaa Infoserve Limited

Suvidhaa Infoserve Limited operates in the financial and digital services space in India, providing technology-enabled solutions from its bases in Gujarat and Maharashtra. The company is listed on BSE and NSE and is subject to the Securities and Exchange Board of India’s listing and disclosure regulations, reflecting its role as a regulated participant in the Indian capital markets.

Average Trading Volume: 16,958

Technical Sentiment Signal: Sell

Current Market Cap: 646.2M INR

For an in-depth examination of SUVIDHAA stock, go to TipRanks’ Overview page.

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