Mr. Mehul Somaiya appointed as Company Secretary and Compliance Officer
5PAISA · price
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5paisa Capital has appointed Mr. Mehul Somaiya as its Company Secretary and Compliance Officer (Key Managerial Personnel), effective July 16, 2026. The Board approved the appointment based on the Nomination and Remuneration Committee's recommendation. Mr. Somaiya brings over 13 years of experience in corporate secretarial, governance, and capital market compliance, previously serving as Vice President and Designated Company Secretary at SBM Bank (India). He has also worked with IIFL Finance, Tata Capital, L&T Financial Services, Essel Group, and Peninsula Land.
Routine KMP appointment. Fills the Company Secretary role, ensuring regulatory compliance. No material impact on shareholders or stock price.