StockWatch
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Non Banking Financial Company (NBFC)
Management Change24 Jul 2026, 02:24 pm

Available Finance Appoints 3 Directors, Notes 3 Resignations

AI Summary

Available Finance Ltd announced significant changes to its Board of Directors following a meeting on July 24, 2026. The company appointed Mr. Sahaj Jain and Mr. Suyash Choudhary as Whole-Time Directors for a three-year term, subject to member approval. Mr. Pramod Kishore Shrivastava was appointed as an Additional Director and Chairman. Concurrently, the board noted the resignations of Mr. Rakesh Sahu (Whole-Time Director & CFO), Mr. Vikas Gupta (Non-Executive Director), and Mr. Rajendra Kumar Sohani (Non-Executive Director), all effective July 24, 2026. These changes are in compliance with SEBI (LODR) Regulations, 2015.

Key Highlights

  • Three new directors appointed, including two Whole-Time Directors.
  • Chairman role filled by an Additional Director.
  • Three directors, including CFO, have resigned from their positions.
  • Appointments and resignations are effective July 24, 2026.
  • Changes are subject to shareholder approval within three months.