Can Fin Homes Limited has informed the Exchange regarding Appointment of Mr Abhishek Mishra as Chief Financial Officer of the company w.e.f. Jun 30, 2025.
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Can Fin Homes Limited has appointed Mr Abhishek Mishra as its new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective June 30, 2025, for a three-year term. Mr Mishra is a Chartered Accountant from the 2003 batch with over 20 years of post-qualification experience, most recently serving as Senior Finance Manager at Volvo Financial Services, Bangalore, since 2015. The appointment was approved by the Board on March 15, 2025, following recommendations of the Nomination & Remuneration Committee and Audit Committee, and aligns with an RBI circular requiring a qualified CA as CFO for banks. Concurrently, Shri Prashanth Joishy, who had been serving as Interim CFO since March 20, 2025, stepped down from the CFO and KMP role on June 30, 2025, but continues with the company as Deputy General Manager.
This is a planned leadership transition rather than a surprise exit, so it should have a neutral to mildly positive impact on the stock. The appointment of a permanent, experienced CFO from a reputed NBFC brings stability to financial leadership and regulatory compliance, while retaining institutional knowledge through Prashanth Joishy's continued role as DGM.