Change in Designation of Directors appointed in the Board Meeting held on 14.10.2025
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Unifinz Capital India informed BSE that shareholders at an Extra-Ordinary General Meeting on December 10, 2025, approved the regularization of three directors who were initially appointed as Additional Directors at the board meeting on October 14, 2025. Mr. Manish Aggarwal (Chartered Accountant, 15+ years experience) and Mrs. Ritu Sharma were confirmed as Non-Executive & Non-Independent Directors, while Mr. Shubh Charn Bansal (Chartered Accountant, 22+ years experience) was confirmed as an Independent Director. Importantly, Mrs. Ritu Sharma had served as the Company's Chief Financial Officer from November 2021 until October 13, 2025, just a day before her board appointment. None of the three directors are debarred by SEBI and none are related to existing directors under Section 2(77) of the Companies Act.
The headline change here is the exit of Ritu Sharma from the CFO position on October 13, 2025, with her subsequent move to the board as a Non-Executive Director — investors should watch for clarity on who now holds the CFO seat. The addition of a CA with 22 years of experience as Independent Director is a positive governance signal, though the small-cap NBFC's board continues to add non-independent faces alongside it.