StockWatch
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Non Banking Financial Company (NBFC)
Management Change6 Oct 2026, 05:10 pm

Leading Leasing Finance Appoints New Director, Chairperson

AI Summary

Leading Leasing Finance And Investment Company Ltd announced changes in its board leadership following a meeting on October 6, 2026. Mr. Sandesh Subhash Namase was appointed as Director (Non-Executive) and Chairperson, effective the same date, subject to regulatory and shareholder approvals. Concurrently, Mr. Deepak Saushi resigned from his positions as Non-Executive Director and Chairperson due to other commitments. The board meeting commenced at 4:00 PM and concluded at 4:30 PM.

Key Highlights

  • New Director (Non-Executive) and Chairperson appointed.
  • Mr. Sandesh Subhash Namase takes over leadership role.
  • Mr. Deepak Saushi resigns as Non-Executive Director & Chairperson.
  • Appointments and resignations are effective October 6, 2026.
  • Changes are subject to regulatory and shareholder approvals.