
Management Change25 Aug 2026, 06:40 pm
Arman Financial Services Founder & Director Jayendra B Patel Passes Away
AI Summary
Arman Financial Services Ltd has announced the sad demise of its Founder and Whole-time Director, Mr. Jayendra B. Patel (DIN: 00011814), on August 25, 2026. Consequent to his passing, he has ceased to be a Director of the Company. Mr. Patel founded Arman in 1992 and was instrumental in its growth into a diversified financial services institution, emphasizing discipline, prudence, integrity, and a long-term orientation. The company and its employees mourn the loss of their founder, mentor, and guiding force, extending deepest condolences to his family. The filing also includes annexures detailing his contributions and a remembrance note from the Vice Chairman and Managing Director.
Key Highlights
- Founder and Whole-time Director Jayendra B. Patel has passed away.
- His cessation as Director is effective from August 25, 2026.
- He founded Arman Financial Services in 1992 and led its growth.
- The company mourns the loss of its founder and guiding force.
Price Impact
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