Fino Payments Bank Limited has informed the Exchange regarding Outcome of Board Meeting held on August 20, 2025.
FINOPB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Fino Payments Bank's board, at its meeting on August 20, 2025, approved the appointment of Mr. Basavraj Loni as the Company's new Company Secretary and VP-Legal (Key Managerial Personnel), and Compliance Officer, effective August 21, 2025. Mr. Loni is an ICSI Associate Member with over 16 years of experience in secretarial, legal, corporate governance, and compliance roles, and notably helped drive the Bank's IPO in 2021. The existing MD & CEO (Mr. Rishi Gupta) and CFO (Mr. Ketan Merchant) continue in their roles, and the board meeting ran from 5:15 p.m. to 6:45 p.m.
This is a routine KMP-level appointment with no change at the CEO or CFO level, so it is unlikely to have any material impact on the stock price. It does, however, fill a key compliance role with an experienced insider familiar with the Bank's governance.