StockWatch
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Non Banking Financial Company (NBFC)
Management Change5 Sept 2026, 05:40 pm

Hasti Finance Re-appoints Nitin Somani as MD

AI Summary

Hasti Finance Ltd announced a change in management following a Board of Directors meeting on September 5, 2026. The board approved the re-appointment of Mr. Nitin Prabhudas Somani as Managing Director for a term of five years. Additionally, the company announced the notice for its 32nd Annual General Meeting (AGM) scheduled for September 30, 2026, to be held via Video Conference (VC)/Other Audio Visual Means (OAVM). The AGM will also present the Director's Report and Annual Report for the financial year ended March 31, 2026. The company also appointed M/s. Deepika Mishra & Associates as Scrutinizers for the e-voting process at the AGM and fixed the e-voting and book closure dates for the AGM.

Key Highlights

  • Nitin Prabhudas Somani re-appointed as Managing Director for five years.
  • 32nd Annual General Meeting scheduled for September 30, 2026.
  • E-voting dates set from September 27-29, 2026.
  • Book closure from September 24-30, 2026.
  • Annual Report for FY26 to be presented at AGM.