SUDEV INDUSTRIES LTD. has announced changes in the management including reclassification of a shareholder, change in designation of a director, resignation of CFO, appointment of new CFO, retirement of a director, appointment of Statutory Auditor, Internal Auditor, and Secretarial Auditor, reconstitution of Nomination and Remuneration Committee, shifting of registered office, change in objects clause, and acquisition of stake in Sampada Business Solutions Limited on a share swap basis.