IndoStar Capital Finance Limited — Board Meeting, 11-05-2025: Outcome of Board Meeting

IndoStar Capital Finance has announced a board meeting on which it approved the resignation of Karthikeyan Srinivasan as Whole-Time Director and CEO, effective immediately; he will stay on as an employee until May 30 for a smooth transition. Randhir Singh, currently Executive Vice Chairman, has been re-designated as Managing Director while retaining his Executive Vice Chairman role, extending his term until July 2029. Singh brings over 29 years of experience in MSME lending, structured finance, and risk management from top financial institutions.