BSESodhani Capital LtdHighNeutral
Announced Wed, 12 Nov · 13:27 IST

Appointment of Chief Executive officer (CEO) in the Company

Ceo Appointed ExternalManagement Changes View source PDF

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AI summary

Sodhani Capital Ltd held its board meeting on November 12, 2025 and approved several key items. The company appointed Mr. Aayush Alpesh Shah as CEO for a 5-year term; he is a legal professional (B.B.A. LL.B. Hons.) from outside the company with no relation to existing directors. The board also appointed M/s D. Jain & Co. as internal auditors and M/s Raunak Bansal & Associates as secretarial auditors for FY 2025-26. Half-yearly financial results were approved, showing revenue of Rs. 218.51 lakhs (up from Rs. 197.05 lakhs) and profit after tax of Rs. 113.48 lakhs (up from Rs. 100.64 lakhs), with EPS of Rs. 2.00. The board also altered the company's object clause to expand into distribution of AIF schemes, PMS, and a franchise-based financial services network, subject to postal ballot approval. The company recently completed its IPO and listed on BSE on October 1, 2025.

Likely market impact

The appointments strengthen the leadership and governance team as the newly-listed company (IPO completed October 2025) positions itself for expansion into AIF/PMS distribution and franchise-based financial services. Steady profit growth and a new Mumbai office signal operational scaling, though the expanded business scope will need shareholder approval via postal ballot.