Goenka Business & Finance Ltd has appointed Ms. Priya Jain as its Company Secretary & Compliance Officer effective July 17, 2026, to strengthen its corporate governance framework. The appointment was confirmed by the Board of Directors during a meeting held on the same day. Jain is a member of the Institute of Company Secretaries of India and possesses over eight years of pre-qualification and post-qualification experience working with listed and unlisted companies in their secretarial departments.

The company informed the exchanges, including BSE Limited, Metropolitan Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited, regarding the new appointment pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made by Yasin Gori, Whole Time Director of Goenka Business & Finance Ltd.

Appointment Details

The following table outlines the key particulars of the appointment:

The company confirmed that Ms. Jain is not related to any of the Directors of the company. Goenka Business & Finance Ltd is registered with the RBI as an NBFC and holds the registration number 05.00614.

Goenka Business & Finance Ltd has been barred from accessing the securities market for five years and penalised ₹1 crore by the Securities and Exchange Board of India (SEBI). The regulator passed a final order on June 30, 2026, against 226 entities, including the non-banking financial company, for violations under the SEBI Act, 1992. The company received the order on July 1, 2026.

Regulatory Action and Penalties

Under Sections 11(1), 11(4), 11(4A), 11B(1), and 11B(2) of the SEBI Act, 1992, the company is prohibited from buying, selling, or dealing in securities directly or indirectly. The restraint from accessing the securities market and the prohibition on association with the market in any manner will remain in force for a period of five years from the date of the final order.

Financial Impact and Legal Response

Goenka Business & Finance Ltd disclosed that the order will impact its financial strength in monetary terms, based on its assessment and legal counsel's advice. The company has reserved its right to prefer an appeal before the Securities Appellate Tribunal under Sections 15T and 15Z of the SEBI Act, 1992. It further stated that it may approach the Supreme Court of India thereafter, depending on the applicability.