Available Finance Ltd Announces Key Appointments and Director Resignations on Board
Available Finance Limited announced significant changes in its Board of Directors following a meeting held on Friday, July 24, 2026. The company approved the appointment of three new directors while noting the resignations of three existing members due to personal commitments or other reasons.The board approvals included key appointments aimed at strengthening corporate governance and operational management at Available Finance Limited. Mr. Sahaj Jain was appointed as a Whole-Time Director, designated also as a Key Managerial Personnel (KMP). Mr. Suyash Choudhary was similarly appointed as a Whole-Time Director and KMP, taking on the role of Company Secretary for the company. Furthermore, Mr. Pramod Kishore Shrivastava was appointed as an Additional Director and Chairman of the Board. All three appointments are effective from July 24, 2026, and are subject to approval by the members within a period of three months.
The new appointments and roles can be summarized as follows:
| Director Name | Designation/Role | Tenure & Status | Professional Profile |
|---|---|---|---|
| Mr. Sahaj Jain (DIN: 11806119) | Whole-Time Director & KMP | Three years, subject to members' approval | Holds an MBA in Finance and possesses approximately nine years of professional experience in Accounting, Auditing, and Taxation. |
| Mr. Suyash Choudhary (DIN: 11448990) | Whole-Time Director & KMP / Company Secretary | Three years, subject to members' approval | Commerce Graduate with near seven years of experience in corporate governance and regulatory compliance. |
| Mr. Pramod Kishore Shrivastava (DIN: 01023565) | Additional Director & Chairman | Subject to members' approval | Chartered Accountant with over two decades of expertise in financial control, treasury optimization, and investment planning. |
In addition to the appointments, Available Finance Limited noted the resignations of three senior board members, all effective from the close of working hours on July 24, 2026.
Mr. Rakesh Sahu resigned from the position of Whole-Time Director and CFO due to personal reasons. The company also accepted the resignation of Mr. Vikas Gupta from his role as a Non-Executive Director, citing pre-occupations. Additionally, Mr. Rajendra Kumar Sohani tendered his resignation from his position as a Non-Executive Director owing to personal reasons and other commitments.
Details regarding all resignations are presented in the table below:
| Name | Resignation Role | Reason for Change | Effective Date |
|---|---|---|---|
| Mr. Rakesh Sahu (DIN: 08433972) | Whole-Time Director & CFO | Personal reasons | July 24, 2026 |
| Mr. Vikas Gupta (DIN: 09438941) | Non-Executive Director | Pre-occupations | July 24, 2026 |
| Mr. Rajendra Kumar Sohani (DIN: 00379042) | Non-Executive Director | Personal reasons and other commitments | July 24, 2026 |
Stock Price Movement
As of 14:12, Available Finance Ltd shares are ticking down at ₹145.00, having shed 2.42% in today's trading session. The equity moved within a noticeable intraday range, finding its low at ₹145.00 and hitting a high of ₹149.95.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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