Management Change21 Apr 2026, 03:58 pm
Ramchandra Leasing & Finance: Pradeep Jain resigns as Whole-Time Director
AI Summary
Ramchandra Leasing & Finance Ltd (now Raama Finance Limited) announced the resignation of Mr. Pradeep Saremal Jain (DIN: 03363790) from the position of Whole-Time Director. The resignation is effective from April 2, 2026. The Board of Directors considered and approved the resignation via a resolution passed by circulation, with majority approvals received on April 21, 2026. Mr. Jain cited "personal reasons" for his departure, confirming that there are no other material reasons for his resignation.
Key Highlights
- Pradeep Saremal Jain resigned as Whole-Time Director.
- Resignation is effective from April 2, 2026.
- Board approved the resignation on April 21, 2026.
- Reason cited for resignation is personal grounds.
- No other material reasons for the change were disclosed.
Price Impact
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