StockWatch
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Non Banking Financial Company (NBFC)
Management Change8 Oct 2026, 05:00 pm

Leading Leasing Appoints New MD & CFO, Reconstitutes Board Committees

AI Summary

Leading Leasing Finance And Investment Company Ltd announced key management changes following a Board Meeting on October 8, 2026. Mr. Satish Sahadev Kalmaste has been appointed as the new Managing Director for a five-year term and also as the Chief Financial Officer (CFO), both effective from October 8, 2026. These appointments are subject to regulatory and shareholder approvals. Concurrently, Mr. Ketanbhai Shivabhai Gosai has resigned from both positions due to other professional commitments. The Board also approved the reconstitution of various board committees. The meeting commenced at 3:30 PM and concluded at 4:00 PM.

Key Highlights

  • Satish Sahadev Kalmaste appointed as Managing Director for five years.
  • Satish Sahadev Kalmaste appointed as Chief Financial Officer (CFO).
  • Appointments effective October 8, 2026, pending approvals.
  • Ketanbhai Shivabhai Gosai resigns from MD and CFO roles.
  • Board committees have been reconstituted.