Ken Financial Services appoints Sachin Choudhary as additional director

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Ken Financial Services appoints Mr. Sachin Pawan Kumar Choudhary as Additional Director
  • Appointment effective September 3, 2026, following Board meeting approval
  • Mr. Choudhary brings MBA in Finance and financial analysis expertise
  • Annual remuneration set at ₹6,00,000 for the professional executive role
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Ken Financial Services appointed Mr. Sachin Pawan Kumar Choudhary as an Additional Director (Professional Executive) effective September 3, 2026. The Board of Directors approved the appointment during its meeting held on Thursday, September 3, 2026. The company disclosed the event pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

Mr. Choudhary, holding DIN 11926778, joins the board to strengthen its composition. He is not related to any existing director of the company. The appointment is subject to shareholder approval at the next general meeting, as per standard regulatory requirements for additional directors.

Profile and Remuneration

Mr. Choudhary holds a graduate degree and an MBA in Finance. His profile highlights extensive exposure to analyzing financial statements, conducting performance ratio analysis, and forecasting financials to drive profitability. He possesses strong analytical and problem-solving skills.

Detail Information
Name Mr. Sachin Pawan Kumar Choudhary
DIN 11926778
Role Additional Director (Professional Executive)
Date of Appointment September 3, 2026
Annual Remuneration ₹6,00,000

The company confirmed that Mr. Choudhary is not debarred from holding the office of director by any SEBI order or other authority. He is also not disqualified under Section 164 of the Companies Act, 2013. His annual remuneration is fixed at ₹6,00,000.

Historical Stock Returns for Ken Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-10.49%0.0%+36.59%-11.78%0.0%

How might Mr. Choudhary's expertise in financial forecasting and profitability analysis influence Ken Financial Services' upcoming strategic initiatives or cost-management strategies?

What specific operational challenges or growth opportunities is the board aiming to address by adding a professional executive with this financial background?

Given the modest annual remuneration of ₹6,00,000, does this suggest a transitional role, or does it indicate a performance-linked compensation structure that may evolve over time?

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Ken Financial Services CFO Praveen Kumar Modi resigns effective Sept 3

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Praveen Kumar Modi resigns as CFO and Director of Ken Financial Services
  • Effective date is September 3, 2026, citing pre-occupation
  • No material disagreements with the company reported
  • Shakti Singh Rathore, MD, signed the regulatory filing
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Ken Financial Services announced the resignation of Praveen Kumar Modi from its Board of Directors. He served as Executive Professional Director and Chief Financial Officer.

Modi tendered his resignation due to pre-occupation, effective from the close of business hours on September 3, 2026. The company disclosed this development to the BSE Limited on September 4, 2026.

Resignation Details

Modi confirmed in his resignation letter that there are no material reasons for his departure other than pre-occupation. He stated he has no disagreement with the company regarding its operations, financial statements, policies, or practices.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shakti Singh Rathore, Managing Director, signed the regulatory filing.

Director Profile

Detail Information
Name Praveen Kumar Modi
DIN 08428737
Role Executive Professional Director, CFO
Reason Pre-occupation
Date of Cessation September 3, 2026

Modi holds no other directorships in listed entities. He also does not hold any committee positions in other listed companies.

Historical Stock Returns for Ken Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-10.49%0.0%+36.59%-11.78%0.0%

Who has been appointed as the interim or permanent replacement for Praveen Kumar Modi as CFO?

How might this leadership change impact Ken Financial Services' upcoming quarterly earnings guidance and financial reporting?

Are there any pending strategic initiatives or fundraising rounds that could be affected by the departure of the CFO?

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1 Year Returns:-11.78%