SBFC Finance Limited has informed the Exchange regarding Resignation of Mr Sai Prashant Menon as Chief Collections Officer of the company and his last working day is January 31, 2026.
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SBFC Finance has informed the stock exchange about the resignation of Mr Sai Prashant Menon from the post of Chief Collections Officer. His last working day with the company is January 31, 2026. The Chief Collections Officer is a Key Managerial Personnel responsible for overseeing loan recovery and collections operations, which is a core function for an NBFC like SBFC. No reasons for the resignation have been disclosed in this filing. The company will likely need to announce a successor or interim arrangement for this role.
Exit of a senior collections leader may cause short-term operational uncertainty in the loan recovery function, but such KMP departures are routine and typically managed through internal succession plans. Retail investors should watch for any further announcement regarding an interim or permanent replacement.