Shivom Investment & Consultancy Limited announced that at its Board Meeting held on 12 February, 2020, approved that Mr. Varun Pravin Chandra Aghara, Managing Director, of the Company, has submitted his letter of resignation dated 12 February, resigning as Director and Managing Director of the Company on account of certain personal reasons. The board accepted Mr. Varun's resignation and will relieve after closure of Business hours 12 February, 2020. The board approved the appointment of Kishan Naidu as a Whole time Director of Company subject to General Meeting of the Company with effect from 12 February, 2020.

Kishan Naidu has done BBA, H.S.C. and 5.5.C., and have working Experience in the field of Financing and Documentation and Project Financing. He has done job also in Tata Consultancy Services.