Arman Financial Services Limited has informed the Exchange regarding Appointment of Yash Shah as Independent Director of the company w.e.f. September 02, 2026.
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Arman Financial Services has re-appointed Mr. Jayendra Patel as Vice Chairman & Managing Director for a 5-year term starting September 1, 2026, and Mr. Yash Shah as Independent Director for a 5-year term starting September 2, 2026. Both re-appointments were approved by the Board on August 13, 2025, based on the recommendation of the Nomination & Remuneration Committee, and are subject to shareholder approval. Mr. Jayendra Patel is the founder of the company with over 25 years of experience in the finance sector, while Mr. Yash Shah is a Chartered Accountant and partner at M/s Dhirubhai Shah & Co LLP with expertise in M&A, valuations, and regulatory matters. Both directors have confirmed they are not debarred from holding directorship under any SEBI or MCA order.
This is a routine re-appointment of existing directors, signaling leadership continuity at the top and stability in governance. No material disruption is expected; shareholder approval will be sought in due course, which is a standard procedural step.