Anjani Finance Ltd Strengthens Board with Appointment of Nilay Agrawal
Anjani Finance Limited has approved significant changes in its board composition, effective June 30, 2026, following a meeting held by its Directors. The decisions include the appointment of Mr. Nilay Agrawal as an Independent Director and the acknowledgment of Shri Ankur Agrawal completing his tenure on the board.The Board considered and approved the appointment of Mr. Nilay Agrawal to serve as an Independent Director for a first term spanning five consecutive years, effective from June 30, 2026.
Simultaneously, the company took on record the completion of Shri Ankur Agrawal's tenure as an independent director, also effective from June 30, 2026.
Mr. Nilay Agrawal joins the board with extensive experience in finance, real estate, and leasing properties. His background includes playing a pivotal role in the growth, compliance, and reputation of several real estate projects across Indore and surrounding areas. The company noted that Mr. Agrawal has no relationship with any existing Directors or Key Managerial Personnel.
The key details regarding the new appointment are summarized below:
| Particulars | Details |
|---|---|
| Reason for Change | Appointment as Director |
| Date of Appointment | June 30, 2026 |
| Term of Appointment | First term of five consecutive years |
| Brief Profile | Over 5 years of experience in Finance, Real estate and leasing. He has played a pivotal role in the growth, compliance, and reputation of many real estate projects across Indore and outside the city. |
| Disclosure of Relationship between Directors | Mr. Nilay Agrawal is not related to any Directors or Key Managerial Personnel of the Company. |
Stock Price Movement
Anjani Finance Ltd is edging lower as the shares trade at ₹9.72, recording a 2.21% decline in early trading. Throughout the day, the stock experienced movement between an intraday low of ₹9.45 and a high of ₹9.85.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.