5PAISANSE5Paisa Capital LimitedHighNeutral
Announced Wed, 23 Jul · 16:51 IST

5Paisa Capital Limited has informed the Exchange about change in Management

Management Changes View source PDF

5PAISA · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

5Paisa Capital Limited's Board of Directors, via a circular resolution dated July 23, 2025, approved the appointment of Mr. Ravindra Kalvankar as the Compliance Officer (Interim) of the company with effect from the same date. The appointment was made on the recommendation of the Nomination and Remuneration Committee and is pursuant to Regulation 18A of SEBI (Stockbroker) Regulation, 1992. Mr. Ravindra holds a bachelor's degree in commerce, is a law graduate and Company Secretary, and has over 12 years of experience in the broking industry. He has been associated with 5paisa for more than a year, working on compliance and regulatory matters, and previously worked with stock exchanges and other brokerage firms.

Likely market impact

This is a routine internal management change to fill the Compliance Officer role on an interim basis. It is unlikely to have any material impact on the stock price or shareholder value, as it is an internal compliance appointment and Mr. Ravindra is an existing employee of the company.