Northlink Fiscal & Capital Services accepts Bharat Soni's resignation

1 min read Updated on 03 Aug 2026, 05:02 PM

Reviewed by

Shriram SScanX News Team

AI Summary

Northlink Fiscal & Capital Services Ltd accepted Bharat Soni's resignation as Independent Director effective August 4, 2026. Soni cited personal commitments and pre-occupation as reasons. The company complied with SEBI LODR Regulation 30 for disclosure.

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Northlink Fiscal & Capital Services has accepted the resignation of Bharat Soni as an Independent Director on its Board. The change in leadership composition takes effect from the closure of business hours on August 4, 2026. Soni’s exit is attributed to his pre-occupation and other personal commitments, a move that alters the independent director count for the listed entity.

The company disclosed the development to the Bombay Stock Exchange (BSE) under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted pursuant to Part A of Schedule III of the SEBI Listing Regulations, ensuring compliance with mandatory disclosure norms for changes in board composition.

Bharat Soni (DIN: 06705085) tendered his resignation via a letter dated August 3, 2026. In the correspondence, he confirmed that there are no other material reasons for his resignation beyond the stated personal commitments and pre-occupation. The Board has accepted the resignation with immediate effect as per the specified timeline.

Resignation Details

The following table outlines the key particulars of the director's resignation as filed with the stock exchange:

Particulars	Details
Name of Director	Bharat Soni
DIN	06705085
Position Held	Independent Director
Reason for Resignation	Pre-occupation and other commitments
Effective Date	Closure of business hours on August 4, 2026
Other Listed Directorships	NIL

Regulatory Compliance

The filing includes Annexure-I, which provides disclosures required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The document confirms that Soni does not hold any directorships in other listed entities at the time of his resignation.

Shamli Madia, the authorised signatory for Northlink Fiscal & Capital Services Limited, digitally signed the submission on August 3, 2026. The company has enclosed the letter of resignation along with the detailed reasons as Annexure-II to the regulatory filing, ensuring full transparency regarding the board transition.

Historical Stock Returns for Northlink Fiscal & Capital Services

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	+4.69%	+70.02%	-15.08%	-11.69%

How will Northlink Fiscal & Capital Services plan to recruit a replacement Independent Director to maintain regulatory compliance and board balance?

What impact might the temporary reduction in independent directors have on the company's governance ratings or investor confidence?

Are there any pending strategic decisions or audits that could be affected by the timing of Bharat Soni's departure in August 2026?

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Northlink Fiscal & Capital Services appoints Rishi Bhargav as director

1 min read Updated on 18 Jul 2026, 05:23 PM

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Shriram SScanX News Team

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Northlink Fiscal & Capital Services has appointed Mr. Rishi Bhargav as an Additional Director in the category of Non-Executive Independent Director for a tenure of 5 years effective July 17, 2026, subject to shareholder approval. The Board approved the appointment based on the recommendation of the Nomination and Remuneration Committee. Mr. Bhargav is a B.Com graduate with over 15 years of experience and holds no disqualifications.

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Northlink Fiscal & Capital Services has appointed Mr. Rishi Bhargav as an Additional Director in the category of Non-Executive Independent Director for a tenure of 5 years effective July 17, 2026. The appointment, subject to shareholder approval at the ensuing Annual General Meeting, was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee.

The disclosure was made to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The requisite information was provided in accordance with SEBI Master Circular No HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Mr. Rishi Bhargav is a B.Com graduate from Punjab University with over 15 years of experience in business administration. He is not related to any of the directors of the company and is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority.

Appointment Details

S. No.	Particulars	Details
1.	Reason for change	Mr. Rishi Bhargav appointed as an Additional Director on the board of the company designated as Non-Executive, Independent Director
2.	Date of appointment	Appointment of Mr. Rishi Bhargav w.e.f 17 July, 2026
3.	Brief profile	Mr. Rishi Bhargav is a B.Com graduate from Punjab University with over 15 years of experience in business administration. Throughout his career, he has been committed to delivering high-quality solutions and providing reliable customer service, earning a reputation for professionalism and excellence.
4.	Disclosure of relationships between directors	Mr. Rishi Bhargav is not related to any of the director of the company
5.	Information as required pursuant to BSE circular with ref. no. LIST/COMP/14/2018-19 and NSE ref. no. NSE/CML/2018/24, dated June 20, 2018.	Mr. Rishi Bhargav is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority.