The board of directors at its meeting held on 04.05.2026 appointed Mr. Manoj Ravi as CEO w.e.f. 04.05.2026.

Ceo Appointed ExternalManagement Changes View source PDF Explain this filing

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prior close

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Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+0.6% vs market

Non Banking Financial Company (NBFC) peers, median of 205sector+0.0%+0.5% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 0.5 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 205Pending

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AI summary

The board of directors of Supra Pacific Financial Services Ltd appointed Mr. Manoj Ravi as Chief Executive Officer effective 4th May, 2026. The appointment is subject to approval of shareholders in compliance with the Companies Act 2013 and SEBI Listing Regulations. Mr. Ravi is a financial services veteran with 29 years of experience across Telecom, Insurance, Banking, and NBFC sectors. He previously served as CEO of KLM Axiva Finvest where he scaled the network from 235 to 600 branches and grew business from Rs 350 crores to Rs 2,000 crores over 4 years. Earlier, he worked at ICICI, HDFC, and Muthoot Fincorp where he managed an AUM of Rs 18,000 crores. He is not related to any director of the company and is not debarred from holding office.

Likely market impact

The appointment brings an experienced leader with a strong track record in NBFC and financial services expansion, which could be positive for investor sentiment. However, the appointment being subject to shareholder approval adds conditionality.