StockWatch
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Non Banking Financial Company (NBFC)
Management Change15 Jul 2026, 06:20 pm

SBFC Finance Appoints New CFO, Authorizes Officials for Disclosures

AI Summary

SBFC Finance Ltd announced changes in its key management personnel following a Board Meeting held on July 15, 2026. Mr. Narayan Barasia resigned as Chief Financial Officer, effective July 15, 2026. The Board approved the appointment of Mr. Sanket Agrawal, currently Chief Strategy Officer & IR, as the new CFO, effective July 16, 2026. Mr. Agrawal brings over 13 years of experience in audit, advisory, and executive leadership. Additionally, the company authorized specific officials, including Mr. Aseem Dhru, Mr. Mahesh Dayani, Mr. Sanket Agrawal, and Ms. Namrata Sajnani, for determining the materiality of events and making disclosures to stock exchanges, effective July 16, 2026.

Key Highlights

  • Narayan Barasia resigns as CFO, effective July 15, 2026.
  • Sanket Agrawal appointed as new CFO, effective July 16, 2026.
  • Mr. Agrawal has over 13 years of experience in finance and strategy.
  • New officials authorized for stock exchange disclosures from July 16, 2026.