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SBFC Finance Limited ( (IN:SBFC) ) has shared an announcement.
SBFC Finance Limited’s board has approved a planned leadership transition under which current Managing Director and CEO Aseem Dhru will step down from his executive role at the close of business on 31 March 2026 and be re-designated as a Non-Executive, Non-Independent Director and Vice-Chairman from 1 April 2026, subject to requisite approvals. Executive Director Mahesh Dayani has been named as the next Managing Director and CEO for a five-year term starting 1 April 2026, pending shareholder approval via a postal ballot process, while Chief Collections Officer Sai Prashant Menon has resigned effective 31 January 2026, marking a significant reshuffle in the company’s top management that signals continuity at the board level alongside a refreshed executive leadership team.
More about SBFC Finance Limited
SBFC Finance Limited is a listed non-banking financial company (NBFC) based in Mumbai, focused on providing credit and financial services, with its shares traded on both the National Stock Exchange of India and BSE. The company operates under India’s SEBI listing framework and serves a diversified customer base through its lending and finance offerings.
Average Trading Volume: 146,788
Technical Sentiment Signal: Hold
Current Market Cap: 113.1B INR
Find detailed analytics on SBFC stock on TipRanks’ Stock Analysis page.