Finkurve Financial Services Limited has appointed Siddharth Purandare as its new Chief Executive Officer, effective December 13, 2026. This follows the resignation of Naveen Kottala, who will serve until October 20, 2026.

The Board of Directors approved these changes along with a switch in Registrar and Share Transfer Agent (RTA) and a grant of employee stock options during a meeting held on October 1, 2026. The disclosures were made to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Leadership transition

Naveen Kottala tendered his resignation as CEO citing professional growth opportunities. His cessation will take effect from the close of business hours on October 20, 2026. On the recommendation of the Nomination and Remuneration Committee, the Board appointed Siddharth Purandare as the successor KMP.

Purandare brings over 23 years of experience in financial services, specializing in credit risk, sales strategy, and product innovation. He previously headed Credit Risk nationally for SME Lending at Edelweiss Retail Finance and led the setup of an MSME-focused NBFC for AVANA Companies. He holds an M.M.S. in Finance from JBIMS, Mumbai University.

RTA change and compliance updates

The company will replace MUFG Intime India Private Limited with M/s. Purva Shareregistry (India) Private Limited as its RTA. Purva holds SEBI Registration No. INR000001112. The transition will occur after data migration and receipt of necessary approvals from NSDL and CDSL. Purva was selected for its robust workforce and scalable electronic interface for shareholder services.

Additionally, Hussain Mohammed Pittalwala was appointed as Chief Compliance Officer effective October 1, 2026. This appointment complies with the Reserve Bank of India (Non-Banking Financial Companies - Compliance Function) Directions, 2026.

Employee stock option plan

The Board approved the grant of 450,000 Employee Stock Options under the "Finkurve ESOP Plan -2018". These options are exercisable into equity shares of face value ₹1 each.

The filing was signed by Kajal Kunal Parmar, Company Secretary and Compliance Officer. The meeting commenced at 4:00 pm and concluded at 4:45 pm.

Finkurve Financial Services has appointed Siddharth Purandare as its new Chief Executive Officer, with the appointment taking effect from December 13, 2026.

Leadership appointment details

The following table summarises the key details of the appointment:

The appointment marks a leadership transition at Finkurve Financial Services, placing Siddharth Purandare at the helm of the company's executive operations from the stated date.