Aye Finance Limited Appoints Gaurav Seth as Chief Financial Officer
Aye Finance Limited has appointed Mr. Gaurav Seth as Chief Financial Officer and Key Managerial Personnel, with the Board of Directors' approval communicated to stock exchanges on April 28, 2026. The appointment was disclosed under SEBI Listing Regulations 30(5), with the company updating its authorized Key Managerial Personnel list. The disclosure was formally signed by Company Secretary Vipul Sharma, ensuring regulatory compliance for this leadership appointment.
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Aye Finance Limited has announced a key leadership appointment, naming Mr. Gaurav Seth as the company's new Chief Financial Officer (CFO). The appointment, which designates Seth as both Key Managerial Personnel and Senior Management Personnel, received approval from the Board of Directors and was formally disclosed to stock exchanges on April 28, 2026.
Regulatory Compliance and Disclosure
The company made the announcement in compliance with Regulation 30(5) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted to both BSE Limited and the National Stock Exchange of India Limited, following the company's policy for determination of materiality of events or information.
| Parameter: | Details |
|---|---|
| Appointment Date: | April 28, 2026 |
| Position: | Chief Financial Officer |
| Designation Status: | Key Managerial Personnel & Senior Management Personnel |
| Regulatory Framework: | SEBI Listing Regulations 30(5) |
Corporate Structure Update
The Board of Directors had previously authorized Key Managerial Personnel to determine the materiality of events or information for necessary disclosures to stock exchanges under Regulation 30 of SEBI Listing Regulations. With Seth's appointment, the company has updated its list of authorized Key Managerial Personnel to reflect the new organizational structure.
Company Information
Aye Finance Limited, formerly known as Aye Finance Private Limited, operates with its corporate office located at Unit No. 701-711, 7th Floor, Unitech Commercial Tower-2, Sector-45, Arya Samaj Road, Gurugram. The company's registered office is situated at M-5, Magnum House-I, Community Centre, Karampura, West Delhi.
The formal disclosure was signed by Vipul Sharma, who serves as Company Secretary, Compliance Officer & CCO, ensuring proper documentation and regulatory compliance for this significant appointment in the company's leadership team.
Historical Stock Returns for Aye Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.10% | -4.34% | +33.32% | +2.73% | +2.73% | +2.73% |
What strategic financial initiatives might Gaurav Seth implement to drive Aye Finance's growth in the competitive fintech lending market?
How could this CFO appointment signal potential plans for fundraising, IPO preparations, or expansion into new financial products?
Will Seth's leadership influence Aye Finance's approach to regulatory compliance amid evolving RBI guidelines for NBFCs?
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