Rakesh Sahu Resigns from Available Finance Ltd after Holding Roles of CFO and Whole-Time Director
Available Finance Limited has announced the resignation of Mr. Rakesh Sahu, who held the positions of Whole-Time Director, Chief Financial Officer (CFO), and Key Managerial Personnel (KMP) of the company. The resignation was tendered due to personal reasons and is effective from the closure of working hours on July 24, 2026.The company confirmed that Mr. Sahu's departure meant he would no longer serve as a director or CFO. He tendered his resignation, stating that there were no material reasons for his exit other than those mentioned in his resignation letter dated July 24, 2026.
Mr. Rakesh Sahu expressed his sincere gratitude to the Board and management for the trust and support provided during his tenure with Available Finance Limited.
Key details regarding the change in personnel are as follows:
| Particulars | Details |
|---|---|
| Reason for Change | Resignation from the position of Chief Financial Officer (CFO) & Key Managerial Personnel (KMP) due to personal reasons. |
| Date of Cessation | With effect from closure of working hours on July 24, 2026. |
| Positions Cessed | Whole-Time Director and CFO/KMP. |
Stock Price Movement
Available Finance Ltd shares are ticking down as of 14:12, trading at ₹145.00 after the stock dropped by 2.42%. The equity experienced intraday movement between a low of ₹145.00 and an intraday high of ₹149.95.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.