
Management Change5 Nov 2026, 09:02 pm
Shriram AMC Appoints Vikrant Gugnani as Vice-Chairman & Whole-Time Director
AI Summary
Shriram Asset Management Company Ltd announced the appointment of Mr. Vikrant Gugnani as Additional Director (Executive and Non-Independent) designated as Vice-Chairman and Whole-Time Director, effective November 16, 2026, subject to shareholder approval. The Board also approved his remuneration for a 3-year term. Additionally, Mr. Ketankumar Shah was appointed Fund Manager and Mr. Hitesh Savanth as Principal Officer, with related role changes. The company also disclosed its unaudited financial results for the quarter and half-year ended September 30, 2026, showing a net loss of ₹941.69 Lacs for the quarter.
Key Highlights
- Vikrant Gugnani appointed Vice-Chairman and Whole-Time Director.
- Appointment is effective November 16, 2026, pending shareholder approval.
- Unaudited Q2 FY27 results show a net loss of ₹941.69 Lacs.
- Changes in Fund Manager and Principal Officer roles were also approved.
Price Impact
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