S V Trading and Agencies Limited announced that the Board of Directors of Company at its Meeting held December 22, 2023, took note of the resignation of Mr. Sunil Upadhayay from the position of Non-Executive - Independent Director of the Company with effect from December 22, 2023. Reason for resignation: The Independent Director due to other personal commitments have voluntarily relinquished his position as Board members with effect from December 22, 2023. There are no other material reasons.