Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, an intimation of Press Release is attached herewith
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Aye Finance Limited has announced the appointment of Gaurav Seth as its new Chief Financial Officer. Seth brings over 27 years of experience in the BFSI sector, having previously held CFO roles at IIFL Home Finance and Airtel Payments Bank. In his new role, he will oversee treasury, financial control, and governance functions. The appointment comes as Aye Finance reported a more than two-fold jump in net profit to Rs 86 crore for Q4, reflecting strong financial momentum. The company, a fintech NBFC focused on micro and small enterprise (MSME) lending, sees this appointment as key to supporting its next phase of expansion and scaling across India's MSME financing segment.
The appointment of an experienced CFO signals strengthened financial leadership, which is positive for governance and investor confidence, especially as the company scales its MSME lending operations.