StockWatch
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Non Banking Financial Company (NBFC)
Management Change6 Oct 2026, 05:20 pm

Leading Leasing Finance Director Resigns, New Director Appointed

AI Summary

Leading Leasing Finance And Investment Company Ltd announced a change in its board composition. Mr. Deepak Saushi resigned as Non-Executive Director & Chairperson due to pre-occupancy and other commitments. Concurrently, the board appointed Mr. Sandesh Subhash Namase as Director (Non-Executive) and Chairperson, subject to regulatory and shareholder approval. The meeting where these decisions were made commenced at 4:00 PM and concluded at 4:30 PM on October 6, 2026.

Key Highlights

  • Mr. Deepak Saushi resigned as Non-Executive Director & Chairperson.
  • Mr. Sandesh Subhash Namase appointed as new Director (Non-Executive) & Chairperson.
  • Appointment and resignation are effective from October 6, 2026.
  • Both appointments are subject to regulatory and shareholder approvals.