Capfin India Announces Resignation of Whole-time Director & CFO, Rachita Mantry Kabra

Team Finance Saathi

22/Jan/2025

What's covered under the Article

Rachita Mantry Kabra resigns from the role of Whole-time Director and CFO at Capfin India.
The resignation is effective from January 21, 2025, with personal reasons cited.
Capfin India has accepted her resignation and relieved her of her duties accordingly.

Capfin India Limited has officially communicated the resignation of Ms. Rachita Mantry Kabra, who served as the Whole-time Director and Chief Financial Officer (CFO) of the company. The resignation, effective from the close of business hours on January 21, 2025, was submitted due to personal reasons, which Ms. Kabra confirmed in her resignation letter. She clarified that there were no other material reasons behind her decision to step down from her leadership roles at Capfin India.

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has made the necessary filings with the BSE and disclosed this development. As per the formalities, Capfin India has accepted her resignation, and Ms. Kabra has been relieved of her duties. The company has expressed its gratitude for her contributions during her tenure and has wished her the best in her future endeavors.

A copy of the resignation letter submitted by Ms. Rachita Mantry Kabra is included in the official communication. The letter highlights that her decision to resign stems from her personal circumstances, which prevent her from dedicating the necessary time and attention to the responsibilities of the role. She has also assured that no other material reasons influenced her decision.

Capfin India Limited is a public limited company listed under CIN: L74999DL1992PLC048032, and it operates in the financial sector with a diverse portfolio of services. The company will take necessary steps to comply with all statutory requirements and formalities following this resignation. The Board of Directors and the management team remain committed to the continued growth and success of the organization.

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Capfin India Announces Resignation of Whole-time Director & CFO, Rachita Mantry Kabra

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