IndoStar Capital Finance Limited has informed the Exchange regarding Appointment of Mr Binoy Parikh as Chief Compliance Officer of the company w.e.f. October 13, 2025.
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IndoStar Capital Finance has appointed Mr. Binoy Parikh as the Chief Compliance Officer of the company, effective October 13, 2025, for a term of 5 years. The appointment was approved by the Board of Directors on August 13, 2025, based on the recommendation of the Nomination & Remuneration Committee and in compliance with RBI Directions. Mr. Parikh brings over 15 years of experience in compliance and governance, having worked at KKR India Advisors, Altico Capital, Tata Cleantech, and IIFL Group. He is a qualified Company Secretary with legal and securities law credentials.
This is a routine senior management appointment with no material impact on shareholders. It signals strengthening of the compliance function, which is positive for governance, but does not affect business operations or financials.