Finkurve Financial Services Approves Regularization of Director and Modification of Related Party Transaction
Finkurve Financial Services Limited, in a board meeting held on June 03, 2026, approved several key corporate matters concerning its leadership structure and related party transactions. The company's Board of Directors considered and sanctioned the regularization of Mr. Rajendran Chinna Veerappan as a Non-Executive, Non-Independent Director, subject to shareholder approval.The board meeting, which concluded on June 03, 2026, also approved the modification of certain Material Related Party Transactions (MTRs). These transactions pertain specifically to the acceptance of loans from related parties. Furthermore, the company sought member approval for these matters through an approved Notice of Postal Ballot.
Details of Director Regularization
The regularization concerns Mr. Rajendran Chinna Veerappan, who was appointed as an Additional Director on April 24, 2026. The appointment is being regularized by the Board and requires subsequent member approval.Mr. Rajendran Chinna Veerappan brings extensive experience to the financial sector. His profile spans over 44 years in banking and financial services, marked by significant leadership roles across various institutions. He has previously served as the CEO of CSB Bank and held positions including Chairman and Managing Director of Andhra Bank, and CEO of the Association of Mutual Funds of India (AMFI).
The director holds no relation with other directors of Finkurve Financial Services Limited.
Key details regarding Mr. Rajendran Chinna Veerappan are provided below:
| Particulars | Details |
|---|---|
| Appointment Status | Regularization as a Non-Executive, Non-Independent Director |
| Date of Appointment | April 24, 2026 |
| Experience Profile | Over 44 years in banking and financial services. Past roles include CEO of CSB Bank, Chairman/MD of Andhra Bank, and CEO of AMFI. |
| Relation with Directors | None |
FINKURVE Stock Price Movement
Today, the stock of Finkurve Financial Services Limited rallied, closing higher by 1.18% to settle at ₹61.03. The share traded within a range between ₹59.00 and ₹62.35 during the session, with total traded volume reaching 29,757 shares.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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