Available Finance Ltd Board Meeting Sees Multiple Director Resignations, Key Personnel Appointments

Available Finance Ltd Board Meeting Sees Multiple Director Resignations, Key Personnel Appointments​

Available Finance Limited conducted a Board meeting on July 24, 2026, resulting in several significant leadership changes, including multiple resignations and the approval of new appointments for key director and financial roles.

The outcomes of the board decisions noted the resignation of three senior personnel members. Mr. Rakesh Sahu resigned from his role as a Whole-Time Director and Chief Financial Officer (CFO) on July 24, 2026. Additionally, the Board accepted the resignations of Mr. Vikas Gupta, a Non-Executive member, and Mr. Rajendra Kumar Sohani, also noted as a Non-Executive, effective the same date.

The meeting approved several key appointments for the company. Mr. Sahaj Jain was appointed as a Whole-Time Director, effective July 24, 2026, pending approval by the Members.

Further approvals included:

• Mr. Suyash Choudhary, who serves as the Company Secretary, was appointed as a Whole-Time Director for a term of three years, effective July 24, 2026, subject to shareholder ratification within three months.
• Mr. Pramod Kishore Shrivastava was approved as an Additional Director and Chairman (Non-Executive), effective July 24, 2026, pending Member approval within three months.

In a subsequent appointment, Mr. Sahaj Jain was also appointed as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), with this role commencing on July 25, 2026.

Stock Price Movement​

As of 14:12, shares of Available Finance Ltd. are edging lower by 2.42%, trading at ₹145.00. The stock navigated an intraday range between a low of ₹145.00 and a high of ₹149.95.