Fino Payments Bank Limited has informed the Exchange regarding Appointment of Mr Basavraj Loni as Company Secretary & Compliance Officer of the company w.e.f. August 20, 2025.
FINOPB · price
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Fino Payments Bank has appointed Mr. Basavraj Loni as its new Company Secretary, VP-Legal, and Compliance Officer, effective August 21, 2025. The appointment was approved by the Board based on the recommendation of the Nomination and Remuneration Committee. Mr. Loni is an Associate Member of ICSI with a law degree and over 16 years of experience in secretarial, legal, and corporate governance. Notably, he previously played a key role in Fino Bank's IPO in 2021 and has been part of the Fino Group's governance setup. The current MD & CEO Rishi Gupta and CFO Ketan Merchant remain unchanged.
This is a routine key managerial personnel appointment and not expected to materially affect the stock price. It brings in an experienced insider familiar with the bank's governance, which is a neutral-to-slightly positive signal for compliance continuity.