Aye Finance Limited has informed the Exchange regarding a press release dated May 06, 2026, titled "Aye Finance appoints Gaurav Seth as Chief Financial Officer".
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On the reaction day the stock moved 6.0 pts more than Nifty Microcap 250 and 7.1 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Aye Finance Limited has appointed Gaurav Seth as its new Chief Financial Officer. Seth brings over 27 years of experience in the BFSI sector, having previously served as CFO at IIFL Home Finance and Airtel Payments Bank. The appointment aligns with Aye Finance's strong financial momentum, including reporting a more than two-fold jump in net profit to Rs 86 crore for Q4. In his role, Seth will lead treasury, financial control, and governance functions while supporting the company's expansion in India's MSME lending ecosystem. The company is focused on accelerating growth and deepening its presence in the micro and small enterprise financing segment.
The appointment of an experienced CFO with a strong track record in financial controls and capital management is a positive signal for shareholders, indicating strengthened leadership as the company scales its operations.