StockWatch
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Non Banking Financial Company (NBFC)
Management Change12 Aug 2026, 03:12 pm

CSL Finance: Rohit Gupta Re-appointed MD for 5 Years

AI Summary

CSL Finance Ltd announced the re-appointment of Mr. Rohit Gupta as Managing Director for a fresh term of 5 years, from August 10, 2027, to August 09, 2032. This appointment is subject to shareholder approval at the upcoming Annual General Meeting. The Board also approved the Unaudited Financial Results for the quarter ended June 30, 2026, reporting a Profit After Tax of ₹2,214.70 lakh. Other key approvals included the utilization of non-convertible securities proceeds and an alteration of the Articles of Association. Mr. Gupta is confirmed not to be debarred from holding a directorial office.

Key Highlights

  • Rohit Gupta re-appointed as MD for 5 years (Aug 2027 - Aug 2032).
  • Appointment requires shareholder approval at the ensuing AGM.
  • Q1 FY27 PAT stands at ₹2,214.70 lakh.
  • Board approved financial results and other corporate actions.