Announced Thu, 10 Jul · 13:02 IST

The Board of Directors in their meeting held on 10.07.2025, has appointed Sh. Surinder Singh Kohli as an Additional Director Independent in Non-Executive Category with immediate effect ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Apex Capital and Finance Ltd announced the appointment of Sh. Surinder Singh Kohli as an Additional Director in the Non-Executive Independent Director category, effective July 10, 2025. His term is for 5 years, subject to shareholder approval at the next general meeting. Mr. Kohli brings over 30 years of experience in the financial services industry, having previously served as Chairman and Managing Director of IFCI and Punjab National Bank. He has also held board positions at IDFC, ILFS, SIDBI, PTC India Financial Services, and other marquee financial institutions. He holds no shares in the company and is not related to any existing directors or key managerial personnel.

Likely market impact

This is a routine governance update with no direct financial impact on the stock. The addition of a highly experienced banker to the board may strengthen oversight and lend credibility to the company's financial governance, which is a mildly positive signal for institutional investors.