
Management Change17 Aug 2026, 12:18 pm
V B Desai Financial Services Appoints New Directors, Reconstitutes Committees
AI Summary
V B Desai Financial Services Ltd announced board changes effective August 17, 2026. Mr. Suraj Ravishchandra Vishwakarma has been appointed as a Non-Executive Independent Director, bringing expertise in Cyber Law, Criminal Law, and Civil Law with over 10 years of experience. Mr. Hemendra Jitendra Shroff, previously a Non-executive, Non-Independent Director, has been appointed as Non-Independent Executive Director cum Chief Financial Officer, with over 27 years of experience in Investment Banking. Following these appointments, several board committees, including Audit, Nomination and Remuneration, Stakeholders Grievance, and Risk Management, have been reconstituted.
Key Highlights
- New Independent Director appointed with legal expertise.
- Existing director elevated to Executive Director cum CFO.
- Key board committees have been reconstituted.
- Appointments effective August 17, 2026.
Price Impact
More from VBDESAI