Banas Finance Appoints Praveen Jangid as New CFO

Banas Finance Ltd announced the appointment of Mr. Praveen Jangid as the new Chief Financial Officer (CFO) effective June 29, 2026. The decision was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. Mr. Jangid brings nearly 10 years of experience in financial reporting, budgeting, taxation, audits, MIS reporting, internal controls, and financial planning. His expertise is expected to bolster the company's financial functions, governance, and support its long-term growth strategy. This appointment complies with Section 203 of the Companies Act, 2013, and SEBI Listing Regulations.