StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting11 Jun 2026, 04:20 pm

Paragon Finance Revises Executive Director Remuneration

AI Summary

Paragon Finance Ltd's Board of Directors met on June 11, 2026, and approved revisions to the remuneration of its Executive Directors, effective May 1, 2026. Following recommendations from the Nomination and Remuneration Committee and the Audit Committee, Mr. Sanjay Kumar Gupta's monthly remuneration was set at ₹1,00,000, and Mr. Aloke Kumar Gupta's at ₹50,000. The board meeting was brief, commencing at 3:25 PM and concluding at 3:45 PM.

Key Highlights

  • Executive Director remuneration revised effective May 1, 2026.
  • Sanjay Kumar Gupta's monthly pay set at ₹1,00,000.
  • Aloke Kumar Gupta's monthly pay set at ₹50,000.
  • Recommendations approved from Nomination & Remuneration and Audit Committees.