Banas Finance Ltd Appoints Mr. Praveen Jangid as Chief Financial Officer
Banas Finance Ltd has announced the appointment of Mr. Praveen Jangid as its Chief Financial Officer (CFO), effective June 29, 2026. The decision was made following a Board meeting held on that date and was approved based on the recommendation of the Nomination and Remuneration Committee.The appointment aims to strengthen the company's financial functions and governance standards while supporting its long-term growth strategy. Mr. Jangid joins the company as the CFO, bringing significant expertise in finance and accounting management.
A profile review indicates that Mr. Praveen Jangid possesses nearly 10 years of experience in various aspects of finance, including financial reporting, budgeting, taxation, audits, MIS reporting, internal controls, and financial planning. His professional background includes proven expertise in managing end-to-end accounting operations, statutory compliance, cash flow management, and financial consolidations.
Key details regarding the appointment are presented below:
| Aspect | Details |
|---|---|
| Date of Appointment | June 29, 2026 |
| Role | Chief Financial Officer (CFO) |
| Experience Level | Almost 10 years in finance |
| Expertise Areas | Financial reporting, budgeting, taxation, audits, MIS reporting, internal controls, financial planning, statutory compliance, and cash flow management. |
Stock Price Movement
At 13:33, Banas Finance Ltd stock holds steady at ₹7.03, recording zero percentage change for the session. Through the day's trading, shares traded within a range defined by an intraday low of ₹6.90 and a high of ₹7.25.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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