Navkar Corporation Limited announced that Mr. Anish Maheshwari, Chief Financial Officer and Key Managerial Personnel of the Company has resigned from the services of the Company to pursue his professional interest outside the Company. The Company has on August 17, 2023 accepted his resignation and Mr. Anish Maheshwari will be relieved from his duties with effect from close of business hours of August 17, 2023. Consequent to the above, Mr. Anish Maheshwari shall, inter alia also cease to be Key Managerial Personnel authorised for the purpose of determining materiality of an event or information and for the purpose of making disclosures to stock exchange(s) under regulation 30 of the Listing Regulations.