
Auditor16 Oct 2026, 02:16 pm
SG Finserve Appoints Alok Bhushan as Internal Auditor
AI Summary
SG Finserve Ltd announced the appointment of Mr. Alok Bhushan as the new Internal Auditor, effective October 17, 2026. This follows the transition of Mr. Saurabh Mishra from his role as Head – Internal Audit to pursue other responsibilities within the organization. The Board of Directors also approved the acquisition of 24.5% equity shares of SG Enterprise Solutions Private Limited, making it an associate, and 15.5% equity shares of Succesship Technologies Private Limited. Additionally, an investment plan of up to USD 5 million (approximately ₹48 crore) was approved for setting up a wholly-owned finance company subsidiary in GIFT City.
Key Highlights
- Alok Bhushan appointed as new Internal Auditor.
- Mr. Saurabh Mishra transitions from Head – Internal Audit.
- Company acquires 24.5% stake in SG Enterprise Solutions.
- Investment of up to USD 5 million planned for GIFT City subsidiary.
Price Impact
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