Arihant Capital Markets Limited Appoints Sanjeev Jain as Chief Financial Officer
Arihant Capital Markets Limited has announced the appointment of Mr. Sanjeev Jain as its new Chief Financial Officer (CFO), effective August 20, 2026. The appointment was made by the company's Board of Directors following recommendations from the Nomination and Remuneration Committee and approval from the Audit Committee.Mr. Sanjeev Jain brings extensive experience to the role, having served as a Chartered Accountant with over 22 years in senior finance and leadership positions across various sectors including financial services, insurance, manufacturing, aviation, petroleum, and banking.
The appointment details and professional background of Mr. Jain are provided below:
| Particulars | Details |
|---|---|
| Name | Mr. Sanjeev Jain |
| Reason for Change | Appointment |
| Date of Appointment | August 20, 2026 |
Profile and Experience Highlights
Mr. Jain's professional career encompasses significant roles in finance and control. His experience includes serving as Vice President - Support Services at Shriram Life Insurance Company, CFO at Universal Cables Limited (an MP Birla Group company), and Finance Controller at Ujaas Energy Limited, a listed company.His international exposure covers key financial management responsibilities. Mr. Jain previously worked as Head of Finance with Jindal Steel & Power in Tbilisi, Georgia, overseeing finance and reporting for the Oil & Gas division, while reviewing processes across overseas locations such as South Africa, Mozambique, and Australia. He also served as Finance Controller with Oman Ceramics Co. SAOG in Oman, managing financial reporting, budgeting, working capital, and Board-level financial reporting.
Mr. Jain's comprehensive expertise lies in areas including financial reporting, budgeting, forecasting, treasury and funds management, audit, internal controls, risk management, and business process improvement.
ARIHANTCAP Stock Price Movement
On Thursday, shares of Arihant Capital Markets Limited tumbled, shedding 1.98% in the previous session and settling at ₹75.95. The stock saw a transaction volume of 352,578 as it closed down.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.
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