Heads Up Ventures Announces Dual Leadership Resignations

Heads Up Ventures Ltd reported the resignation of Company Secretary & Compliance Officer Dhruvi Patel and Independent Director Abhishek Shivpujan Giri, both effective October 7, 2026.

Reader Takeaway: Simultaneous departures of compliance and board oversight roles require monitoring for upcoming management transition and replacement announcements.

What just happened

Heads Up Ventures Limited has officially informed the BSE regarding the departure of two key members of its leadership and board. The company filed these disclosures in compliance with Regulation 30 of the SEBI Listing Regulations. Both Mrs. Dhruvi Patel and Mr. Abhishek Shivpujan Giri cited personal reasons for their exit from the company.

Why this matters

The simultaneous departure of the company’s compliance officer and an independent director represents a notable change in board composition. Independent directors serve a critical role in governance, and the loss of a compliance officer is a key administrative change that investors typically monitor to ensure that regulatory standards remain uninterrupted during the transition period.

Governance and Directorships

Mr. Abhishek Shivpujan Giri has formally confirmed that his resignation is due strictly to personal reasons, with no underlying material conflicts. Beyond his role at Heads Up Ventures, Mr. Giri maintains board-level responsibilities at Sellwin Traders Limited, where he serves as the Chairman of the Audit Committee and the Nomination and Remuneration Committee, while also sitting on the Stakeholder Relationship Committee.

What to track next

Shareholders should monitor future regulatory filings for the appointment of a successor for the Company Secretary position and any potential changes to the independent director roster. Timely filling of these vacancies is essential for maintaining robust corporate governance and regulatory compliance.