Management Change27 Aug 2026, 05:30 pm
Sanchay Finvest Appoints 3 Directors, Reappoints Whole-Time Director
AI Summary
Sanchay Finvest Ltd announced board approvals for the appointment of Mr. Rohit Mishra and Mr. Gaurang Karmakar as Additional Non-Executive Independent Directors, and Ms. Lily Mundu as an Additional Non-Executive Non-Independent Director. All appointments are effective from August 26, 2026, for a term of five years, subject to shareholder approval. The board also noted the resignation of Independent Directors Mr. Nikhil Mathur and Mr. Milan Shah. Additionally, Mr. Sarthak Sharma was re-appointed as Whole-Time Director for another five-year term starting August 26, 2026.
Key Highlights
- Board approved appointment of three new directors.
- Two independent directors and one non-independent director appointed.
- Resignations of two independent directors were noted.
- Whole-time director re-appointed for a five-year term.
- All appointments and re-appointments are subject to shareholder approval.
Price Impact
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