IndoStar Capital Finance Limited — Updates, 03-03-2025: Press Release

IndoStar Capital Finance has appointed Jayesh Jain as the new Chief Financial Officer, succeeding Vinod Panicker, who will retire on March 31, 2025. Vinod Panicker has played a crucial role in enhancing the company’s financial stability since joining in December 2022 and will continue to assist as Senior Advisor - Finance during the transition. Jayesh Jain brings over 23 years of experience in financial leadership, having previously served as CFO for prominent financial services firms including Gruh Finance and PNB Housing Finance. His extensive background and strategic vision are anticipated to support IndoStar's growth objectives and deliver value to stakeholders. The transition in leadership reflects a continued commitment to strengthening the company's financial foundation.