CFO Resigns; New MD & CFO Appointed

Leading Leasing Finance And Investment Company Ltd announced that its Board of Directors, at a meeting held on October 8, 2026, approved significant management changes. Mr. Ketanbhai Shivabhai Gosai resigned from his positions as Managing Director and Chief Financial Officer (CFO) effective October 8, 2026, citing pre-occupation with other professional commitments. Concurrently, based on the Nomination and Remuneration Committee's recommendation, the Board appointed Mr. Satish Sahadev Kalmaste as the new Managing Director for a period of five years, starting October 8, 2026, subject to regulatory and shareholder approvals. Mr. Kalmaste was also appointed as the new Chief Financial Officer, effective the same date. The Board further approved the reconstitution of various committees.