Please find enclosed herewith the intimation with respect to appointment of Chief Business Officer-Senior Management Personnel of the Company
MONEYBOXX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Moneyboxx Finance Ltd has appointed Mr. Vivek Meharwal as its Chief Business Officer with effect from August 01, 2025, based on the recommendation of the Nomination and Remuneration Committee. Mr. Meharwal will be classified as Senior Management Personnel under the regulatory framework. He brings over 21 years of experience in the lending industry, having worked across affordable home loans, loan against property, structured finance, education infrastructure loans, business loans, and lending to financial institutions. His most recent role was as Chief Business Officer at Altum Credo Home Finance, and he has previously held positions at Avanse Financial Services, Religare, GE Money, and ICICI Home Finance. The company expects his appointment to help accelerate growth of its secured loan portfolio and improve operational efficiency.
The appointment of an experienced senior management professional with a strong lending background signals Moneyboxx Finance's intent to strengthen its secured loan business and drive operational improvements. For shareholders, this is a positive operational development that could support future business growth, though it does not directly impact stock price in the short term.