Stove Kraft Limited announced that Mr. Rajiv Nitin Mehta, Chief Executive Officer of the Company has conveyed his intent to move out of the company and pursue opportunities outside the group and the same has been informed to the Board of Directors. Formal resignation of Mr. Rajiv Nitin Mehta shall be placed before the Board of Directors at the forthcoming Meeting. Mr. Rajiv Mehta has played a key role in the growth and development of the Company including successful listing of the Company on February 5, 2021.