SBFC Finance Limited has informed the Exchange regarding Cessation of Mr Rajesh Mannalal Agrawal as Non- Executive Independent Director of the company w.e.f. November 12, 2025.
SBFC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SBFC Finance Limited has informed the stock exchange that Mr. Rajesh Mannalal Agrawal has ceased to be a Non-Executive Independent Director of the company with effect from November 12, 2025. The announcement does not specify the reason for his cessation. No additional details about the circumstances, such as resignation, completion of term, or health issues, have been disclosed in this filing.
This is a routine board change involving a single independent director. Investors should monitor whether the company announces a replacement soon, as the composition of independent directors affects board composition and committee requirements, but there is no immediate material impact on the stock.