<h1>Sar Televenture Approves Changes in Leadership: Vikas Tandon Steps Down as Whole-time Director; Paramjit Singh Appointed</h1>
Sar Televenture Limited has approved significant changes to its board, with Mr. Vikas Tandon resigning from his position as a Whole-time Director, while Mr. Paramjit Singh has been appointed as a Non-Executive Non-Independent Director. These decisions were formalized by the Board of Directors at a meeting held on August 10, 2026.
Mr. Vikas Tandon resigned from the role of Whole-time Director effective at the close of business hours on August 10, 2026. The resignation was cited as part of a corporate realignment strategy focused on supporting group level strategic acquisitions and subsidiary growth plans. Despite this change in directorship, Mr. Tandon will continue to serve Sar Televenture Limited as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP).
The Board simultaneously approved the appointment of Mr. Paramjit Singh as a Non-Executive Non-Independent Director, effective August 10, 2026, subject to necessary shareholder approval.
Mr. Singh brings extensive experience to the role. He graduated from Punjab University, Patiala in 1985 and possesses over 40 years of diverse experience spanning sales and marketing, administration, security, logistics, procurement, and banking. Furthermore, he serves as the General Secretary for a non-governmental organisation established in 2008. Mr. Singh is not related to any existing director at Sar Televenture Limited.
The details of the two key leadership changes are outlined below:
| Particular | Resigning Director (Vikas Tandon) | Appointed Director (Paramjit Singh) |
|---|---|---|
| Role | Whole-time Director | Non-Executive Non-Independent Director |
| Cessation/Appointment Date | Close of business hours on August 10, 2026 | Appointed effective August 10, 2026 (Subject to shareholder approval) |
| Post-Resignation Role | Remains Chief Financial Officer (CFO) and KMP | N/A |
| Reason for Change | Resignation due to strategic realignment and focus on group level acquisitions. | Appointment |
The changes follow a Board meeting held between 2:00 PM and 2:30 PM (IST).
SARTELE Stock Price Movement
As of 3:19 PM, shares of Sar Televenture Limited are edging higher to ₹116 as they rally by 3.25% or ₹3.65. The stock has seen consistent movement throughout the session, supported by a volume of 163,500 shares traded so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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