ALPHA TRIBE

SG Finserve LtdImportant, 13-10-2025: Company Update

13-10-2025 | 07:36 pm

SG Finserve's board approved the financial results for the quarter and half-year, reporting a Net Worth of ₹1,071.18 Cr and Net Profit after tax of ₹28.40 Cr. Key metrics include a 1.77 Debt-Equity ratio and 36.65% Capital to Risk-Weighted Assets. A proposed Non-Convertible Debenture issuance was deferred. Significant leadership changes: Mr. Sorabh Dhawan resigned as CEO, replaced by Mr. Vinay Gupta; Mr. Sahil Sikka resigned as CFO, with Mr. Sanjay Rajput elevated. The board also approved re-appointment of two independent directors and authorized seeking RBI approval for a new non-executive director. All prior NCD proceeds of ₹50 Cr were utilized as planned.

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