TruCap Finance Limited has informed the Exchange regarding Resignation of Mr Saurabh Sethi as Other of the company w.e.f. September 30, 2025.
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On the reaction day the stock moved 5.5 pts less than Nifty Microcap 250 and 4.6 pts less 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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TruCap Finance Limited has informed the stock exchanges that Mr. Saurabh Sethi, who served as the Finance Head and was designated as Senior Management Personnel, has resigned from the company effective close of business hours on September 30, 2025. In his resignation letter, Mr. Sethi stated that the decision was driven by his desire to pursue future career prospects and growth opportunities. The disclosure was made under SEBI Listing Regulations (Reg 30 and 51), with the detailed disclosure and resignation letter attached as annexures. No reason of conflict or governance concern was mentioned.
The departure of the Finance Head is a notable key management change for an NBFC, as it could create short-term leadership uncertainty in financial operations. Shareholders should watch for timely appointment of a new Finance Head/CFO to ensure continuity in financial reporting and compliance.