StockWatch
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Non Banking Financial Company (NBFC)
Management Change7 Sept 2026, 02:20 pm

Standard Capital Markets: MD Resigns, Krishnan Appointed MD

AI Summary

Standard Capital Markets Limited announced a significant management change following a Board of Directors meeting on September 7, 2026. Mr. Ram Gopal Jindal has resigned as Managing Director due to health reasons, effective September 29, 2026, but will continue as an Executive Director. The Board approved the appointment of Mr. Krishnan as the new Managing Director, subject to shareholder approval. The meeting also approved the re-appointment of directors Mr. Krishnan and Mr. Ghanshyam Prasad Gupta, and finalized the convening of the 39th Annual General Meeting on September 29, 2026. Book closure dates for the AGM have been set from September 23 to September 29, 2026.

Key Highlights

  • Mr. Ram Gopal Jindal resigns as MD due to health, continues as Executive Director.
  • Mr. Krishnan appointed as new Managing Director, pending shareholder approval.
  • Re-appointment of directors Mr. Krishnan and Mr. Ghanshyam Prasad Gupta approved.
  • 39th Annual General Meeting scheduled for September 29, 2026.
  • Book closure for AGM from September 23 to September 29, 2026.