Management Change18 Aug 2026, 04:40 pm
Shri Niwas Leasing Director Resignations & New Appointment
AI Summary
Shri Niwas Leasing and Finance Ltd announced a board meeting held on August 18, 2026, where the resignations of Independent Directors Ms. Promila Sharma (DIN: 09735554) and Mr. Surendra Kumar Jain (DIN: 00530035) were accepted, both effective August 18, 2026. The board also appointed Mr. Abhishek (DIN: 10783531) as an Additional (Non-Executive & Non-Independent Director) effective the same date. All departing and newly appointed directors are confirmed to be unrelated to existing management and not debarred from holding office.
Key Highlights
- Two independent directors resigned from the board.
- A new additional non-executive director was appointed.
- All changes are effective August 18, 2026.
- Departing and new directors are unrelated to KMP.
- No director is debarred from holding office.
Price Impact
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