Easy Fincorp Limited, a company registered in Kolkata and operating under CIN: L65920WB1984PLC262226, has officially announced a key leadership update under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has disclosed through a filing with BSE Limited that the Board of Directors, at its meeting held on September 3, 2025, has approved the reappointment of Mr. Asish Kumar Chaudhuri as the Chief Executive Officer (CEO) of the company.

This reappointment will take effect from October 1, 2025, for a period of one year on the existing terms and conditions. The decision was based on the recommendation of the Nomination and Remuneration Committee, which evaluated and endorsed the extension of his leadership role given his proven track record and contributions to the company.

Background of the Decision

The filing states that the reason for change is the expiration of Mr. Chaudhuri’s existing term as CEO. Since the company has been under his leadership and the board recognized the need for continuity in strategic direction, the Board of Directors resolved to reappoint him for another year.

This move ensures management stability, which is crucial for companies in the financial services and investment domain, particularly at a time when businesses face regulatory scrutiny, changing market conditions, and the need for operational resilience.

Importance of the Reappointment

The Chief Executive Officer plays a central role in shaping the company’s business strategies, overseeing compliance, and guiding growth. By retaining Mr. Asish Kumar Chaudhuri, Easy Fincorp aims to:

• Maintain business continuity during a challenging economic environment.

• Ensure smooth implementation of ongoing projects and strategies without disruption.

• Strengthen stakeholder confidence through steady leadership.

Such board decisions often reflect the confidence of the directors in the existing leadership team and their ability to navigate the company through future opportunities and challenges.

Governance and Compliance

The announcement has been made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, which mandates companies to disclose significant events and appointments. Easy Fincorp has also aligned this disclosure with the SEBI Master Circular dated November 11, 2024, ensuring transparency and adherence to regulatory requirements.

The disclosure further clarifies:

1. Reason for Change – Reappointment by the Board following expiration of the previous term.

2. Date of Reappointment – Effective from October 1, 2025.

3. Tenure of Appointment – One year, on existing terms and conditions.

Market and Stakeholder Relevance

For shareholders and market observers, leadership reappointments serve as a signal of stability and strategic continuity. The fact that Easy Fincorp’s board and its Nomination and Remuneration Committee have reappointed Mr. Chaudhuri indicates their trust in his leadership capabilities, market understanding, and governance practices.

This update is also relevant to regulatory bodies, analysts, and investors who closely track corporate governance practices in listed companies. For a company like Easy Fincorp, which operates in the financial sector, leadership continuity is key to building confidence among lenders, regulators, and investors alike.

Broader Implications

The reappointment not only ensures continuity in the company’s leadership but also sets a clear direction for Easy Fincorp’s short-term strategic goals. With the financial industry witnessing rapid changes due to digitalisation, regulatory shifts, and market volatility, retaining a leader who is already familiar with the company’s operations ensures that business momentum is not lost.

It also allows the company to reassess and realign its long-term leadership strategies while keeping stability in the short run. A one-year tenure suggests that the board may be planning to review the performance and market conditions again in 2026 before making a longer-term decision regarding leadership.

Conclusion

The reappointment of Mr. Asish Kumar Chaudhuri as CEO of Easy Fincorp Limited is a clear indication of the board’s trust in his ability to provide consistent leadership, ensure regulatory compliance, and drive growth. Effective October 1, 2025, he will continue to guide the company for another year under the same terms and conditions, marking a significant move in Easy Fincorp’s governance journey.

For stakeholders, this announcement underscores the importance of leadership continuity, corporate governance, and strategic foresight, all of which are central to the long-term success of Easy Fincorp in India’s evolving financial landscape.

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