CMD's son Aryaman Kothari appointed Whole-Time Director; Independent Director re-appointed

Promoter Family Board EntryManagement Changes View source PDF

VIJIFIN · price

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+3.9%1-day move

₹7.95

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AI summary

Viji Finance has appointed Mr. Aryaman Kothari, son of CMD Vijay Kothari and part of the promoter group, as Additional and Whole-Time Director for 3 years effective July 14, 2026. He holds a B.M.S. degree with 6 years experience in finance and accounts. Separately, Ms. Sakshi Chourasiya has been re-appointed as Non-Executive Independent Director for a second term of 5 years from October 25, 2026 to October 24, 2031. Both moves require shareholder approval at the upcoming AGM.

Likely market impact

Promoter family member taking a whole-time director seat may raise governance concerns for minority shareholders. Track the AGM voting result.