re-appointment of Manager Cum Chief Financial Officer (Key Managerial Personnel) of the Company
Awaiting price reaction for this filing.
Oswal Leasing Ltd's Board of Directors, at its meeting held on May 9, 2025, approved the re-appointment of Mr. Ravi Kumar as the Manager Cum Chief Financial Officer (Key Managerial Personnel) of the Company. He will serve a fresh term of two years, from May 9, 2025 to May 8, 2027, subject to shareholder approval. Mr. Ravi Kumar had originally been appointed to this role on May 12, 2022 for a three-year term, which was set to expire on May 11, 2025. He is around 25 years old, holds a Bachelor's degree in Commerce from Punjab University, and has over 7 years of experience in accounts. The re-appointment was made on the recommendation of the Nomination and Remuneration Committee, and no relationship with existing directors was disclosed.
This is a routine continuity announcement with no change in financial leadership — Mr. Ravi Kumar continues in the same dual role. No immediate effect on shareholders or stock price is expected, as the re-appointment simply extends his existing tenure.