Appointment of Independent Director w.e.f November 14, 2025
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SPA Capital Services Ltd has appointed Mr. Ritesh Tanwar as an Independent Director of the company with effect from November 14, 2025. The appointment is for a term of 5 years. Mr. Tanwar has over 14 years of experience in corporate marketing, education, and finance, and has reportedly mobilized over ₹7,550 million in funds since 2016 as a financial consultant. He has no relationship with any existing directors on the board.
This is a routine board-level appointment that strengthens governance by adding an independent director. No material impact on shareholders or stock price is expected.