RAAMA FINANCE LIMITED Director Resigns: Whole Time Director Pradeep Saremal Jain Leaves Post
RAAMA FINANCE LIMITED (formerly Ramchandra Leasing and Finance Limited) has confirmed the resignation of Mr. Pradeep Saremal Jain from the position of Whole Time Director. The Board of Directors of the company approved the resignation following a resolution passed by circulation on April 16, 2026, and officially approved on April 21, 2026.Mr. Pradeep Saremal Jain, who holds DIN: 03363790, resigned from his role as Whole Time Director effective April 02, 2026. The company confirmed that the resignation is due to personal reasons.
According to the details provided regarding the change in directorship, the resignation status is summarized below:
| Particulars | Details |
|---|---|
| Reason for change | Resignation (Due to Personal Reasons) |
| Date of Resignation | 02.04.2026 |
| Listed Companies | NIL |
The company confirmed that Mr. Jain does not hold a directorship in any listed companies. The Board's consideration and approval regarding the resignation were successfully received by the majority of the members on April 21, 2026, by 01:44 P.M.
The transaction remains grounded in the core operational change of directorship, marking Mr. Jain's departure from the management structure of RAAMA FINANCE LIMITED.
Stock Price Movement
Ramchandra Leasing & Finance Ltd shares closed today, settling at ₹12.18, marking a retreat of 1.93% for the day. The stock's movement was contained, tracking between ₹12.18 and a day-high of ₹12.42.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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