Aravali Securities & Finance Ltd — Updates, 23-05-2025: Company Update

Aravali Securities & Finance has announced a board meeting to appoint three Additional Directors as Non-Executive Independent Directors, subject to shareholder approval. Mr. Naresh Kumar Magoo brings over 50 years of experience in sales, marketing, and industrial relations. Mr. Subhash Chand has 25+ years in textiles, focusing on business development, sourcing, and quality management. Mr. Tara Chand Sagar is an experienced lawyer specializing in family law and business litigation. None of the appointees have any inter-se relationships with existing board members. This strengthens the board with diverse expertise beneficial for governance and strategic oversight.