Aye Finance Limited has informed the Exchange about change in Management
AYE · price
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Aye Finance Limited announced three key management changes following a Board meeting on April 27, 2026. First, Mr. Sovan Satyaprakash resigned as Interim Chief Financial Officer (CFO), effective end of day April 27, 2026, but will continue as Head of Strategy & Product. Second, Mr. Gaurav Seth, a qualified chartered accountant with over 27 years of BFSI experience including CFO roles at IIFL Home Finance and Airtel Payments Bank, has been appointed as the new CFO effective April 28, 2026. Third, the company appointed MSKA & Associates, LLP as the new Statutory Auditors for a 3-year term, replacing M/s S S Kothari Mehta & Co. LLP whose tenure expires at the conclusion of the 33rd AGM in 2026.
The appointment of an experienced external CFO like Gaurav Seth may signal strategic intent to strengthen financial leadership, which could be viewed positively by investors. The auditor change appears routine as it coincides with the end of the predecessor's tenure.