Management Change19 Aug 2026, 07:00 pm
Shri Niwas Leasing Director Resignations & New Appointment
AI Summary
Shri Niwas Leasing and Finance Ltd announced board changes effective August 18, 2026. Ms. Promila Sharma (DIN: 09735554) and Mr. Surendra Kumar Jain (DIN: 00530035) resigned as Independent Directors. The company also appointed Mr. Abhishek (DIN: 10783531) as an Additional Non-Executive & Non-Independent Director. All departing directors confirmed their resignations were due to personal reasons and they are not debarred from holding office. Profiles of the resigning and appointed directors were provided as per SEBI regulations.
Key Highlights
- Two Independent Directors resigned effective August 18, 2026.
- Mr. Abhishek appointed as Additional Non-Executive Director.
- Departing directors cited personal reasons for resignation.
- No other material reasons for resignation were disclosed.
Price Impact
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