Management Change27 Jun 2026, 05:10 pm
Purple Finance Director Ajay Kumar Pandey to Cease Post-Term
AI Summary
Purple Finance Ltd announced that Mr. Ajay Kumar Pandey will cease to be an Independent Director and committee member effective June 27, 2026, upon completion of his term. This change affects his roles as Chairman of the Audit Committee and Stakeholders' Relationship Committee, and Member of the Nomination & Remuneration Committee. The company assures that committee compositions remain compliant with SEBI LODR Regulations.
Key Highlights
- Independent Director Ajay Kumar Pandey's term ends June 27, 2026.
- Pandey will step down as Chairman of Audit and Stakeholders' Committees.
- He will also resign as a Member of the Nomination & Remuneration Committee.
- Company confirms ongoing compliance with SEBI regulations post-cessation.
Price Impact
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