StockWatch
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Non Banking Financial Company (NBFC)
Management Change2 Sept 2026, 05:21 pm

PMC Fincorp Director Puneet Arora Resigns Effective Sep 2, 2026

AI Summary

PMC Fincorp Ltd announced the resignation of Mr. Puneet Arora from his position as Non-Executive Non-Independent Director, effective September 02, 2026. The resignation is attributed to Mr. Arora's inability to dedicate sufficient time due to other professional commitments and a mutual decision with the company. Mr. Arora confirmed there are no material reasons for his resignation beyond those stated. The company has enclosed the resignation letter and relevant disclosures as per SEBI regulations.

Key Highlights

  • Non-Executive Non-Independent Director Puneet Arora resigns.
  • Resignation effective September 02, 2026.
  • Reason cited: Time constraints due to other professional commitments.
  • No material reasons beyond stated ones.
  • Disclosure made as per SEBI Listing Regulations.