The Executive Management Committee held on 19.02.2026 from 03:00 PM to 03:45 PM, has considered and approved the following: 1. Re-appointment of Mr. Apoorve Bansal (08052540) as the Managing ....
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F Mec International Financial Services has re-appointed Mr. Apoorve Bansal as Managing Director for a fresh 5-year term, from February 19, 2026 to February 18, 2031, subject to shareholder approval at the next general meeting. Mr. Apoorve Bansal is a Chartered Accountant and Law Graduate with over 5 years of experience in retail and unsecured lending, particularly in NBFCs. He is the son of promoters Pankaj Kumar and Lalita Bansal and brother of promoter Ms. Megha Bansal, making him part of the promoter family. Additionally, Mr. Kabeer Choudhary, an IIM-Kolkata MBA graduate from Hansraj College, has been redesignated as a Professional Non-Executive Director from the same effective date.
This is a continuity move with the promoter family retaining control of the Managing Director role, which is generally viewed as stable but reduces board independence. Shareholders will need to approve the re-appointment at the upcoming AGM, and the company's small market profile means limited immediate stock price impact is expected.