Change in SMPs
Awaiting price reaction for this filing.
Capri Global Capital Limited has announced four changes in its senior management effective May 5, 2025. Mr. Zoheb Shaikh resigned as Head of Internal Audit and Internal Auditor, with his resignation letter attached. Mr. Chirag Shah, previously Associate Director – Internal Audit, has been elevated to Head of Internal Audit for a 3-year term, bringing 24 years of audit experience including NBFC sector expertise. Separately, two existing SMPs—Mr. Vikram Vaswani (Head of Insurance) and Mr. Varun Malhotra (Chief Technology Officer)—will no longer be classified as SMPs due to changes in their designations and organizational structure.
The internal audit leadership transition is well-managed with a successor already appointed internally, ensuring continuity. The reclassification of the Insurance Head and CTO as non-SMPs is a routine organizational restructuring with no material impact on business operations or shareholders.