Vishvprabha Ventures Limited announced that the Board of Directors at their meeting held on January 06, 2023 considered and approved resignation of Mr. Mahesh Matdolakar from post of Independent Director of Company, with effect from December 14, 2022. Appointment of Rajalaxmi Vijay Sawant as an Additional Non-Executive, Independent Woman Director with effect from January 06, 2023. Rajalaxmi Vijay Sawant is Qualified BCOM, LL.B. from government Law College (GLC) Mumbai and MBA (HR), from Mumbai University.

She has over 5 years of experience consulting in HR & IR and has high degree of ability to provide HR/IR solutions at factory as well as at corporate level. The board approved the reconstitute of Audit Committee, Nomination and Remuneration Committee and Stakeholder's relationship committee.