Sungold Capital Limited, at the board meeting held on May 28, 2017, approved the resignation of Neha Shah as an independent director due to her preoccupation schedule with immediate effect. The company approved the resignation of Ushik Gala as CFO due to his preoccupation schedule with effect from June 1, 2017. The company also approved the re-designation of Bhumika Sidhpura as company secretary and compliance officer and CFO with effect from June 1, 2017.

Bhumika Sidhpura is currently working as a company secretary and compliance officer with Sungold Capital Limited.