StockWatch
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Investment Company
Management Change29 Jun 2026, 01:25 pm

Banas Finance Appoints Praveen Jangid as New CFO

AI Summary

Banas Finance Ltd announced the appointment of Mr. Praveen Jangid as the new Chief Financial Officer (CFO) following a Board of Directors meeting held on June 29, 2026. The appointment, effective the same day, was made on the recommendation of the Nomination and Remuneration Committee and complies with Section 203 of the Companies Act, 2013, and SEBI Listing Regulations. Mr. Jangid brings nearly 10 years of experience in financial reporting, budgeting, taxation, audits, and financial planning. His expertise is expected to bolster the company's financial operations and support its growth strategy.

Key Highlights

  • Praveen Jangid appointed as Chief Financial Officer (CFO).
  • Appointment effective June 29, 2026.
  • Mr. Jangid has nearly 10 years of financial experience.
  • Appointment complies with Companies Act and SEBI regulations.