Sainik Finance Appoints New Director, One Resigns

Sainik Finance & Industries Ltd announced changes in its board of directors. Sh. Somvir Sindhu has been appointed as a Non-Executive Additional Director, effective August 12, 2026. He holds a graduation degree and possesses over 10 years of experience in coal mining and logistics, with business interests in mining, logistics, coal beneficiation, power generation, and real estate. Concurrently, Sh. Kuldeep Singh Solanki has resigned from his position as a Non-Executive Director, also effective August 12, 2026, citing preoccupation. His resignation also means he ceases to be a member of the Stakeholders Relationship Committee and Corporate Social Responsibility Committee.