StockWatch
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Non Banking Financial Company (NBFC)
Management Change26 Aug 2026, 05:50 pm

Kapil Raj Finance Appoints Two Additional Directors, Two Resign

AI Summary

Kapil Raj Finance Limited announced board changes following a meeting held on August 26, 2026. The company appointed Mr. Arun Kumar Pandey and Mr. Manoj Yadav as Additional Directors in the Non-Executive Non-Independent category. Both appointments are effective until the ensuing Annual General Meeting (AGM). Concurrently, the board accepted the resignations of Mr. Punith D Puthran and Ms. Jalpa Kalpesh Darji, both serving as Non-Executive Directors, effective from the same date. The board meeting took place at the company's registered office in Delhi and lasted for 30 minutes.

Key Highlights

  • Two new Non-Executive Non-Independent Directors appointed.
  • Two existing Non-Executive Directors have resigned.
  • Appointments are temporary, pending the next AGM.
  • Board meeting concluded within 30 minutes.
  • No inter-se relationships disclosed between new directors.