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Awaiting price reaction for this filing.
On 18 August 2025, the Board of Garbi Finvest Ltd appointed three key members in a single meeting. Mr. Rakesh Agrawal, a Chartered Accountant with over 8 years of experience in bank audits, taxation, and financial advisory, was appointed as an Independent Director for a 5-year term. Ms. Preeti Vijayvargia, also a Chartered Accountant and Company Secretary with over a decade of experience in taxation, audit, and financial consultancy, was appointed as another Independent Director for 5 consecutive years. Additionally, Mr. Vikash Vishwakarma, a qualified Chartered Accountant with extensive experience in finance, accounts, and taxation, was appointed as the Chief Financial Officer (CFO) of the company.
This is a board-strengthening move with the addition of two qualified independent directors and a new CFO, which may improve governance and financial oversight. For shareholders, it signals the company is filling important roles, though the impact on stock price is likely neutral in the short term.