Aayush Art and Bullion appoints Mr. Belim Rifaqathussain Mehboobbhai as CFO

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Key Highlights

Aayush Art and Bullion appoints Mr. Belim Rifaqathussain Mehboobbhai as CFO. Effective date is August 24, 2026, following board approval. Candidate has over 15 years of experience in finance and compliance. Appointment follows recommendations from nomination and audit committees.

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Aayush Art and Bullion Limited appointed Mr. Belim Rifaqathussain Mehboobbhai as Chief Financial Officer on August 24, 2026. The board approved the appointment during a meeting held at its registered office in Ahmedabad.

The decision followed recommendations from the Nomination and Remuneration Committee and the Audit Committee. The board meeting commenced at 4:30 pm and concluded at 5:00 pm on Monday.

Appointment Details

Mr. Mehboobbhai brings over 15 years of experience in finance and accounting operations. His expertise covers taxation, compliance, inventory management, and financial reporting.

Particulars Details
Name Mr. Belim Rifaqathussain Mehboobbhai
Role Chief Financial Officer
Date of Appointment August 24, 2026
Experience Over 15 years

He has demonstrated proficiency in GST/TDS compliance, MIS reporting, and ERP systems. His track record includes strengthening financial controls and optimizing supply chain logistics.

Regulatory Disclosure

The company made the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. This aligns with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026.

Aayush Art and Bullion Limited, formerly known as AKM Creations Limited, is listed on BSE Limited under script code 540718.

Historical Stock Returns for Aayush Art and Bullion

1 Day5 Days1 Month6 Months1 Year5 Years
-0.09%+1.85%+9.05%+13.92%+30.48%+6,030.43%

How might Mr. Mehboobbhai's expertise in supply chain logistics optimization impact Aayush Art and Bullion's operational costs and margins in the coming fiscal year?

Given his background in strengthening financial controls, what specific governance reforms or audit improvements can investors expect from the new CFO?

Will this leadership change signal a strategic shift in the company's approach to inventory management and working capital efficiency?

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Aayush Art and Bullion appoints new company secretary, notes CFO resignation

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Reviewed by
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Key Highlights

Anuj Maheswari appointed as Company Secretary and Compliance Officer effective August 21, 2026. CFO Bhagyashri Shyambihari Agrawal resigned effective August 20, 2026, citing personal reasons. Board meeting held on August 21, 2026, in Ahmedabad approved the appointments and noted the resignation. Disclosures made under Regulation 30 of SEBI LODR Regulations, 2015.

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Aayush Art and Bullion appointed Anuj Maheswari as Company Secretary and Compliance Officer effective August 21, 2026. The board also noted the resignation of Chief Financial Officer Bhagyashri Shyambihari Agrawal.

The appointment was approved during a board meeting held on August 21, 2026, at the company’s registered office in Ahmedabad. The meeting commenced at 4:30 pm and concluded at 5:00 pm.

Key Personnel Changes

The board approved two significant administrative changes:

  • Appointment of Company Secretary: Anuj Maheswari has been appointed as the Company Secretary and Compliance Officer. He brings over 10 years of professional experience, including more than six years with Sterling Power Ventures Pvt. Ltd. His expertise covers corporate secretarial matters, regulatory compliance, corporate governance, statutory filings, and corporate documentation.
  • Resignation of CFO: Bhagyashri Shyambihari Agrawal resigned from the post of Chief Financial Officer effective August 20, 2026. In her resignation letter dated August 20, 2026, she cited personal reasons for her departure, stating an inability to devote sufficient time to the company’s affairs. She confirmed there were no other material reasons for her resignation.

Regulatory Disclosures

The disclosures were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026.

Mehal Bipinchandra Raval, Additional Director, signed the disclosure. The company previously operated under the name AKM Creations Limited.

Historical Stock Returns for Aayush Art and Bullion

1 Day5 Days1 Month6 Months1 Year5 Years
-0.09%+1.85%+9.05%+13.92%+30.48%+6,030.43%

Will Aayush Art and Bullion initiate an immediate search for a permanent CFO, or will existing management temporarily assume financial oversight?

How might the simultaneous change in key compliance and financial leadership impact investor confidence in the company's corporate governance?

Does Anuj Maheswari's background in Sterling Power Ventures suggest any potential strategic shifts in regulatory compliance or operational governance for Aayush Art and Bullion?

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