SBFC Finance Limited — Others, 07-03-2025: Shareholders meeting

SBFC Finance Limited has announced a board meeting on 28th February 2025 to seek shareholders' approval via a postal ballot for the appointment of Mr. Mahesh Dayani as the Whole-time Director, designated as ‘Executive Director,’ for five years, along with his remuneration details. His proposed compensation includes an initial monthly salary of ₹14.58 lakh, which can scale to ₹26.87 lakh, plus performance-linked bonuses and perquisites. This strategic move aims to leverage Mr. Dayani’s extensive experience in banking and finance to support the company’s growth trajectory. Investors might view this as a positive outlook for the company's leadership stability and strategic direction. The e-voting period begins on 9th March 2025 and ends on 7th April 2025.