StockWatch
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Non Banking Financial Company (NBFC)
Corporate Governance25 Sept 2026, 07:11 pm

Arman Financial Services Reconstitutes Board Committees

AI Summary

Arman Financial Services Ltd has announced the reconstitution of several key board committees, effective September 25, 2026. The changes impact committees including the Stakeholders Relationship Committee, Risk Management Committee, Corporate Social Responsibility Committee, Asset Liability Management Committee, Finance & Investment Committee, and Share Transfer Committee. Key leadership roles have been assigned, with Aalok Jayendra Patel, Vice Chairman & Managing Director, taking on chairperson roles in multiple committees, including Asset Liability Management and Finance & Investment. Independent directors and executive management are also featured in the reconstituted committees.

Key Highlights

  • Board committees reconstituted effective September 25, 2026.
  • Changes affect Stakeholders Relationship, Risk Management, CSR committees.
  • Asset Liability Management and Finance & Investment committees reconstituted.
  • Aalok Jayendra Patel appointed chairperson of multiple committees.
  • Independent directors and executive management included in committee roles.