<h1>TruCap Finance Limited Announces Resignation of Chief Credit Officer Mahendra Kumar Servaiya</h1>
TruCap Finance Limited has announced the resignation of Mr. Mahendra Kumar Servaiya as the Chief Credit Officer, stating that he has ceased to be a senior management personnel of the company. The change is effective from close of business hours on July 31, 2026.
Mr. Servaiya resigned as Chief Credit Officer following nine years or more with the organization. He indicated that his resignation was due to tender age and health issues experienced over the past year.
The details concerning Mr. Servaiya's tenure and departure are summarized below:
| Particulars | Details |
|---|---|
| Name of Officer | Mr. Mahendra Kumar Servaiya |
| Role | Chief Credit Officer |
| Date of Cessation | July 31, 2026 |
| Reason for Change | Resignation due to tender age and health issues |
In his resignation letter submitted to the Managing Director and CEO, Mr. Rohanjeet Singh Juneja, Mahendra Kumar Servaiya thanked the company and its employees for the opportunity and support provided throughout his tenure. He confirmed that there was no material reason for his resignation other than the personal circumstances mentioned.
TRU Stock Price Movement
Shares of TruCap Finance Limited shed value, ending the day down 0.86% after settling at ₹4.60. The stock's decline saw it touch its 52-week low and trade a volume of 334,417 shares today.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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