Harmony Capital Services Ltd Announces Key Appointments and Leadership Changes
Harmony Capital Services Ltd has made significant changes to its leadership and board composition, effective July 1, 2026. The company announced the appointment of new executives and directors, alongside several senior departures.The Board of Directors approved these movements based on recommendations from the Nomination and Remuneration Committee and the Audit Committee.
New Appointments
Harmony Capital Services Ltd appointed Mr. Rajeev Kumar Singh as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective July 1, 2026. Mr. Singh possesses experience in finance, accounts, taxation, corporate compliance matters, and was appointed to the role.The company also welcomed two additional directors:
- Ms. Khusbu Agrawal, who will serve as an Additional Director in the category of Non-Executive Independent Director. Ms. Agrawal is a fellow member of the Institute of Company Secretaries of India and holds advanced degrees including Masters in Commerce and Masters in Journalism & Mass Communication and LLB. She has experience serving as a director with Continental Controls Limited and Gretex Corporate Services Limited, among others.
- Ms. Sweta Agarwal, appointed as an Additional Director in the category of Non-Executive Independent Director. Ms. Agarwal holds over 10 years of experience as a qualified company secretary and brings expertise in Corporate Law and Compliances along with knowledge in finance.
Auditor and Internal Audit Appointments
In addition to personnel changes, the company formalized its audit appointments:- M/s Kale Malde and Co., Chartered Accountants, were appointed as Statutory Auditors to fill a casual vacancy left by the resignation of M/s Kapish Jain and Associates, Chartered Accountants.
- M/s Kalpesh Khatri & Associates, Chartered Accountants, were appointed as Internal Auditors for the Financial Year 2026-27.
The appointment details are summarized below:
| Position | Name / Entity | Effective Date | Key Details |
|---|---|---|---|
| Chief CFO and KMP | Mr. Rajeev Kumar Singh | July 1, 2026 | Expertise in finance, accounts, taxation, and corporate compliance matters. |
| Additional Director (Non-Executive Independent) | Ms. Khusbu Agrawal | July 1, 2026 | Experienced professional holding advanced degrees and serving boards of multiple listed entities. |
| Additional Director (Non-Executive Independent) | Ms. Sweta Agarwal | July 1, 2026 | Over 10 years of experience as a qualified company secretary, specializing in Corporate Law and Compliances. |
| Statutory Auditors | M/s Kale Malde and Co., Chartered Accountants | July 1, 2026 | Appointed to fill a casual vacancy. |
| Internal Auditors | M/s Kalpesh Khatri & Associates, Chartered Accountants | July 1, 2026 | For the Financial Year 2026-27. |
Senior Leadership Changes
The company also confirmed several resignations of senior management and directors, all effective from July 1, 2026.Mrs. Alpa Vora resigned from the office of Director, citing resignation as an Independent Director consequent to the change in management and control of the Company. Mr. Jignesh Barot also tendered his resignation as an Independent Director, stating it was due to a change in management and control. Ms. Pranita Semwal resigned from her role as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), noting that the resignation was consequent to the change in management and control of the Company.
Details regarding the resignations are provided below:
| Departing Role | Name | Resignation Date | Reason for Resignation |
|---|---|---|---|
| Director | Mrs. Alpa Vora (DIN: 06814833) | July 1, 2026 | Consequent to change in management and control of the Company. |
| Director | Mr. Jignesh Barot (DIN: 08184643) | July 1, 2026 | Consequent to change in management and control of the Company. |
| CFO / KMP | Ms. Pranita Semwal | July 1, 2026 | Consequent to change in management and control of the Company. |
The Board meeting commenced at 4:00 P.M. and concluded at 5:30 P.M. on July 1, 2026.
Stock Price Movement
Harmony Capital Service Ltd settled at ₹93.19 on Monday, showing zero change as the market closed. The shares remained completely flat throughout the trading session, with both intraday highs and lows locked at this price point.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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