Ad-Manum Finance Limited has announced the resignation of its Whole-Time Director & CEO, Mr. Dharmendra Agrawal, effective April 03, 2026. The company filed the requisite disclosure with BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Executive Departure Details

Mr. Dharmendra Agrawal (DIN: 08390936) tendered his resignation from the position of Whole-Time Director & CEO with effect from the closure of working hours on April 03, 2026. The resignation was communicated through a formal letter dated April 03, 2026.

Regulatory Compliance

The company has fulfilled its disclosure obligations pursuant to Regulation 30(2)/(4) read with Clause 7(C) of Para A of Part A of Schedule III of SEBI (LODR) Regulations, 2015. Company Secretary Neha Singh (Mem No.: F9881) signed the disclosure document, which was digitally filed with BSE Limited on April 03, 2026.

Additional Responsibilities

As part of his resignation, Agrawal also stepped down from his role as Chairman and member of the Corporate Social Responsibility committee. In his resignation letter, he expressed gratitude for the trust and confidence reposed in him by the Board and thanked the entire board for their support throughout his tenure.

Confirmation Statement

Agrawal confirmed in his resignation letter that there are no material reasons for his resignation other than his desire to pursue personal interests. The company has also verified that no other material reasons exist beyond those provided in the resignation letter dated April 03, 2026.

The resignation marks the end of Agrawal's tenure as the company's chief executive, during which he contributed to the growth and success of Ad-Manum Finance Limited. The company's registered office is located at Agarwal House, 5 Yeshwant Colony, Indore 452003, Madhya Pradesh.

Ad-Manum Finance Limited has announced significant board-level changes following a board meeting held on March 23, 2026. The company's Board of Directors approved proposals for two director appointments, marking a strategic move in its leadership structure.

Proposed Director Appointments

The board meeting, conducted upon recommendations from the Nomination & Remuneration Committee, resulted in approval for two key appointments:

Both appointments are contingent upon receiving approval from the Reserve Bank of India (RBI) and subsequent approval from the company's shareholders.

Regulatory Compliance Process

The company is currently preparing the necessary application to submit to the RBI in accordance with relevant guidelines and circulars issued by the central bank. This regulatory approval process is mandatory for financial institutions before finalizing director appointments.

Once RBI approval is obtained, Ad-Manum Finance Limited will convene a separate board meeting to formally approve the appointments. The company has committed to providing separate intimation to stock exchanges in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Governance Framework

The announcement was made pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory filing demonstrates the company's commitment to maintaining transparency and adhering to corporate governance standards.

The proposed appointments reflect the company's strategic approach to strengthening its board composition with experienced professionals in key leadership positions. The inclusion of both executive and non-executive roles indicates a balanced governance structure aimed at enhancing operational effectiveness and strategic oversight.