Pursuant to the Regulation 30 of SEBI Listing Regulations, we hereby inform you that the Board of Directors of the Company at its Meeting held on Tuesday, December 30, 2025 have approved ....
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At its meeting on December 30, 2025, the board of Comfort Fincap approved the appointment of Mr. Sanjeev Kumar Pandey (ex-SBI senior banker with 35+ years of experience in banking, regulation, and insolvency) as Non-Executive Independent Director for a 5-year term. The board also appointed Mrs. Nirmala Kanjar, the company's CFO since 2015, as Non-Executive Non-Independent Director. In the same meeting, Mrs. Apeksha Kadam resigned from her position as Non-Executive Non-Independent Director citing personal pre-occupations, with no material reasons disclosed. The board also approved increasing the authorised share capital from ₹25 crore to ₹60 crore — a 140% jump — along with a corresponding alteration to the Capital Clause of the Memorandum of Association, subject to shareholder approval.
Adding a high-profile ex-SBI banker and insolvency expert to the board should boost governance and domain credibility. The sharp increase in authorised capital signals a possible upcoming fund-raising round, which could mean potential equity dilution for existing shareholders once shareholder approval is obtained.