StockWatch
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Asset Management Company
Management Change28 Sept 2026, 10:20 pm

SBI Funds Management: Director Tenure Ends, New Independent Director Appointed

AI Summary

SBI Funds Management Ltd announced the completion of Mr. Moiz Miyajiwala's second term as Independent Director, effective September 28, 2026. He also ceased to be Chairperson and member of various committees. Concurrently, the board approved the appointment of Mr. Giridhar Sanjeevi as an Additional Director (Independent) for a three-year term starting September 29, 2026, subject to shareholder approval. Mr. Sanjeevi brings over three decades of experience in finance and management.

Key Highlights

  • Independent Director Moiz Miyajiwala completes second term on Sep 28, 2026.
  • Mr. Giridhar Sanjeevi appointed Additional Director (Independent).
  • New appointment is for a 3-year term effective Sep 29, 2026.
  • Appointment subject to shareholder approval.
  • Company acknowledges Miyajiwala's contributions.