Announced Mon, 16 Feb · 18:22 IST

Outcome of the meeting attached herewith

Management Changes View source PDF

Price

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AI summary

Justo Realfintech's board, at its meeting on February 16, 2026, approved two items. First, Ms. Jignesha Fofandi has been appointed as the new Company Secretary and Compliance Officer with effect from April 1, 2026; she is an Associate Member of ICSI with experience in corporate compliance under the Companies Act and Listing Regulations. Second, the board approved subscribing to 100% of the equity share capital of a new wholly owned subsidiary to be incorporated in India in the Real Estate Services sector, with an initial investment of up to ₹1,00,000 in cash. The subsidiary is yet to be incorporated and has not commenced business, with its name subject to ROC approval.

Likely market impact

These are largely routine corporate actions — a key managerial personnel (KMP) appointment at the compliance level and a nominal ₹1 lakh investment to set up a wholly owned subsidiary. No material financial impact on shareholders is expected, though the subsidiary signals an intent to expand into real estate services.