Befound Movement Limited has announced a leadership transition in its Chief Financial Officer position, with the changes taking effect from March 31, 2026. The company has informed BSE Limited about the resignation of its current CFO and the appointment of a new CFO in compliance with SEBI regulations.

Leadership Transition Details

The company's regulatory filing reveals a structured transition plan for the CFO position:

Rajesh Kapoor's Role Transition

Mr. Rajesh Balbir Kapoor will step down from his Chief Financial Officer responsibilities while maintaining his position as Managing Director of the company. His current directorships include positions at Rajsahi Masala Private Limited as Director and Befound Movement Limited as Managing Director. The resignation letter confirms his intention to continue serving the company in his managing director capacity.

New CFO Profile

Ms. Tulsa Netraprashad Silwal brings substantial experience to her new role as Chief Financial Officer. Her professional background includes:

• Over 20 years of experience in sales, marketing, and strategic management
• Proven track record in driving revenue growth and optimizing profitability
• Leadership roles in organizational transformation initiatives
• Expertise in financial oversight, strategic planning, and corporate governance
• Experience in building high-impact alliances and delivering sustainable business performance
• Current engagement in advisory and management roles across multiple organizations

Regulatory Compliance

The company has filed comprehensive disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that Ms. Silwal is not debarred from holding the office of Chief Financial Officer by SEBI or any other authority. She currently holds no other directorships and has no shareholding in the company.

Company Information

Befound Movement Limited, formerly known as Regency Trust Limited, operates with its registered office in Kolkata, West Bengal, and corporate office in Mumbai, Maharashtra. The company's shares are listed on BSE Limited under scrip code 511585.

Befound Movement Limited has successfully concluded its Board of Directors meeting held on March 27, 2026, approving the appointment of Ms. Sakshi Dubey as Additional Non-Executive Women Independent Director. The meeting outcome was communicated to BSE Limited in compliance with SEBI (LODR) Regulations, 2015.

Board Meeting Outcome

The board meeting, which commenced at 04:00 PM and concluded at 04:20 PM on March 27, 2026, focused on enhancing board diversity and governance structure. The company, formerly known as Regency Trust Limited, formally approved the key appointment under Regulation 33 of SEBI regulations.

Director Appointment Details

The board unanimously approved Ms. Sakshi Dubey's appointment as Additional Non-Executive Women Independent Director for a tenure of five years, effective from the conclusion of the board meeting. The appointment remains subject to approval by the company's members.

Director Profile and Qualifications

Ms. Sakshi Dubey brings over three years of experience in operations management, demonstrating strong leadership capabilities in managing daily operations and team performance. She holds a Bachelor of Arts degree from PRSU (Allahabad State University) and possesses foundational understanding of financial markets, capital markets, and compliance principles.

The newly appointed director has no relationships with existing directors and maintains no shareholding in the company. She is not debarred from holding directorial positions by SEBI or any other regulatory authority, ensuring compliance with BSE circular requirements.

Corporate Governance Enhancement

The appointment strengthens the company's board composition and aligns with corporate governance requirements for board diversity and independent oversight. Managing Director Rajesh Kapoor (DIN: 02757121) signed the official communication to BSE Limited, ensuring transparency in the appointment process.

The company's registered office is located in Salt Lake City, West Bengal, with corporate office in Mumbai. This strategic appointment demonstrates Befound Movement Limited's commitment to maintaining robust governance standards while expanding its leadership capabilities.