Intimation of Appointment of Mrs. Sangeeta Sudhir Kumar Trivedi and Mr. Devendrasingh Ramola as Additional Directors of the Company w.e.f. 01.08.2025.
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Asia Capital Limited, a BSE-listed NBFC, has appointed Mr. Devendrasingh Ramola as an Additional Non-Executive Director and Mrs. Sangeeta Sudhir Kumar Trivedi as an Additional Executive Director, both effective August 1, 2025. Mr. Ramola brings over 31 years of NBFC and financial advisory experience and is already the Co-Founder of Asia Capital Limited and SKC Investment Advisors Pvt Ltd, which is identified as a Promoter Company of Asia Capital. Mrs. Trivedi, an arts graduate from Jiwaji University, has been brought on in an executive capacity. The appointments were disclosed under SEBI Listing Regulations with full profile details in Annexure A.
The appointments strengthen the board, with Mr. Ramola's addition reinforcing promoter-group representation on the board, which existing shareholders should note as an alignment of promoter interests with company governance. Mrs. Trivedi's executive role is a new addition but her non-financial background may draw questions from investors about operational fit. Overall, the changes are routine board-level reshuffling with no immediate material impact on stock price expected.