The Board of Directors in its meeting held today approved Mr. Varun P Mathews as the Chief Financial Officer of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 5.3 pts more than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Board of Directors of Richfield Financial Services Ltd approved the appointment of Mr. Varun P Mathews as Chief Financial Officer (CFO) effective May 21, 2026. The appointment was made in compliance with Section 203 of the Companies Act, 2013 and the relevant Rules. Mr. Varun P Mathews holds a BBA degree from Manonmaniam Sundaranar University and brings over 13 years of experience in Finance, Accounts, Taxation, and Sales within the Non-Banking Financial Sector. The filing explicitly states he is not related to any director of the company. The board meeting lasted 30 minutes (4:15 pm to 4:45 pm).
The appointment fills a key managerial position at the company. The CFO is a KMP under the Companies Act, and the filing appears routine with no indication of a predecessor's departure or governance concerns.