Arman Financial Services Limited has informed the Exchange regarding Cessation of Mr Niteshkumar Mishra as Head - Internal Audit of the company w.e.f. May 31, 2026.
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Mr. Niteshkumar Mishra has resigned from his position as Head - Internal Audit at Arman Financial Services Limited, effective May 31, 2026. He was part of the company's Senior Management Personnel. In his resignation letter dated April 1, 2026, Mishra cited pursuit of a new professional opportunity aligned with his career growth objectives. The company has disclosed this change under SEBI LODR Regulation 30. Mishra committed to ensuring smooth handover of responsibilities before his departure.
The departure of the Internal Audit Head could raise governance concerns for investors, as internal audit is a critical function in financial services companies for risk management and regulatory compliance.