BSEPMC Fincorp LtdHighNeutral
Announced Thu, 29 May · 17:23 IST

Re-appointment of Mr. Raj Kumar Modi for further Five Years w.e.f. October 31, 2025 to October 30, 2030, Mr. Prabhat Modi w.e.f. August 10, 2025 to August 09, 2030 and Mr. Yogesh Kumar ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

PMC Fincorp's Board has approved the re-appointment of three directors for a second 5-year term each, subject to shareholder approval at the upcoming AGM. Mr. Raj Kumar Modi (Managing Director, a promoter with 30+ years of experience) will continue from October 31, 2025 to October 30, 2030. Mr. Prabhat Modi (Whole Time Director, qualified from University of Essex and NISM) will continue from August 10, 2025 to August 09, 2030. Mr. Yogesh Kumar Garg (Non-Executive Independent Director, a Company Secretary, Cost Accountant and Law graduate with 30+ years in finance and compliance) will serve from July 28, 2025 to July 27, 2030. All three are confirmed as not debarred by SEBI or any other authority.

Likely market impact

This is a continuity announcement with no change in leadership, signalling stability at PMC Fincorp. Raj Kumar Modi and Prabhat Modi are related family members (both also related to Rekha Modi, a Non-Executive Director), reinforcing promoter family control, while Yogesh Kumar Garg provides independent oversight. Shareholders will vote on these re-appointments at the next AGM.