GSB Finance Ltd — Important, 19-09-2025: Company Update
19-09-2025 | 02:56 pm
19-09-2025 | 02:56 pm
GSB Finance Limited has publicly announced a change in its management and control, following pre-approval from the Reserve Bank of India. New acquirers are set to purchase 55.25% of the company's paid-up equity share capital from the existing promoters. The RBI also approved the appointment of Vivek Kumar Singhal and Kshitij Agarwal as directors for a term of up to five years. Stakeholders with any objections to this proposed acquisition or management change are invited to submit their concerns in writing to the Company Secretary within 30 days of the public notice. This move signals a significant shift in the company's ownership and leadership.
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