We wish to inform you that board of director meeting held today Tuesday May 2026 to considered and approved the appointment of Managing director and Reappointment of internal auditor
Awaiting price reaction for this filing.
Minolta Finance Ltd's Board of Directors met on May 26, 2026, and approved two key appointments. Mrs. Forum Jigar Gada (DIN: 10845327), a Chartered Accountant with over a decade of experience in banking audits and financial services, has been appointed as Managing Director for a five-year term effective May 26, 2026, subject to shareholder approval. Previously a partner at Varun Golechha & Associates, she is not related to any existing directors. Additionally, M/S TRS & Co., founded by CA Tanvi Ronish Shah, has been reappointed as Internal Auditor of the company, effective the same date.
The appointment of a qualified external Chartered Accountant as Managing Director brings professional finance and audit expertise to the top leadership, which could be viewed positively by investors, though shareholder approval is still pending.