Arman Financial Services Limited has informed the Exchange regarding Re-appointment of Mr. Jayendra Patel (DIN: 00011814) as vice Chairman & Managing Director of the Company for a term of 5 (Five) years.
ARMANFIN · price
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Arman Financial Services Limited announced that shareholders at its 33rd Annual General Meeting (held September 29, 2025) approved the re-appointment of Mr. Jayendra Patel as Vice Chairman & Managing Director for a fresh 5-year term effective September 1, 2026. Mr. Patel is the founder of the company and has over 30 years of senior managerial and board-level experience in the finance sector. The shareholders also approved the re-appointment of Mr. Yash Shah as Independent Director for a second 5-year term effective September 2, 2026. Mr. Shah is a fellow Chartered Accountant with nearly 20 years of experience in M&A, valuations, IPOs, and regulatory compliance. Both directors confirmed they are not debarred from holding office under any SEBI or MCA order.
This is a leadership continuity announcement — the founder-MD and an experienced independent director have been retained for another 5 years, signalling stability in management and board oversight. No adverse governance flags were raised, and the re-appointments were duly approved by shareholders at the AGM.