StockWatch
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Non Banking Financial Company (NBFC)
Management Change2 Sept 2026, 05:41 pm

PMC Fincorp Director Puneet Arora Resigns

AI Summary

PMC Fincorp Ltd announced the resignation of Mr. Puneet Arora, Non-Executive Non-Independent Director, from the Board of Directors, effective September 02, 2026. Mr. Arora cited preoccupation with other professional commitments and a mutual decision with the company as reasons for his departure. He confirmed there are no material reasons for his resignation beyond what was stated. The company has enclosed the resignation letter and relevant details as per SEBI regulations.

Key Highlights

  • Mr. Puneet Arora resigns as Non-Executive Non-Independent Director.
  • Resignation is effective from September 02, 2026.
  • Reason cited: Preoccupation with other professional commitments.
  • No material reasons beyond stated ones confirmed by director.