StockWatch
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Non Banking Financial Company (NBFC)
Management Change25 Jul 2026, 07:40 pm

Five-Star Business Finance Appoints Sreeram Iyer as Independent Director

AI Summary

Five-Star Business Finance Ltd announced the appointment of Mr. Sreeram Ranganathan Iyer as an Additional Director, designated as a Non-Executive Independent Director. This appointment is effective from July 25, 2026, and is for an initial term of five years, subject to shareholder approval. Mr. Iyer brings over 33 years of global banking experience, having previously served as the global Chief Operating Officer for Corporate and Institutional Banking at a leading international bank. He has a strong background in digital transformation and scaling global operations. His appointment is in compliance with SEBI LODR Regulations and the Companies Act, 2013.

Key Highlights

  • Sreeram Ranganathan Iyer appointed as Non-Executive Independent Director.
  • Appointment effective July 25, 2026, for a 5-year term.
  • Director brings 33+ years of global banking and leadership experience.
  • Appointment subject to shareholder approval at the upcoming AGM.
  • Mr. Iyer meets independence criteria under relevant regulations.