SBFC Finance Limited — Others, 26-04-2025: Appointment

SBFC Finance Limited's Board meeting resulted in several key decisions. Mr. Leroy James Langeveld has been appointed as a Non-Executive Nominee Director, pending shareholder approval at the upcoming AGM. The Board also approved the appointment of M/s. Parikh & Associates as Secretarial Auditors for five years, starting FY 2025-26. Amendments to the company's Stock Option Policies were recommended, focusing on employee eligibility and exercise details. Additionally, the Board plans to raise up to ₹3,000 Crore through Non-Convertible Debentures. These developments may enhance governance and operational flexibility, potentially improving investor confidence.