Rita Finance and Leasing appoints Helly Raval as CEO

0 min read | Published on 10 Sept 2026, 05:21 PM |Updated on 10 Sept 2026, 05:21 PM

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Anirudha BScanX News Team

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Key Highlights

Rita Finance and Leasing appointed Helly Raval Jayeshbhai as CEO
Board approved the appointment on September 10, 2026
Move follows recommendation by Nomination and Remuneration Committee
New CEO has extensive experience in strategic planning and operations
Disclosure filed under Regulation 30 of SEBI LODR Regulations

*this image is generated using AI for illustrative purposes only.

Rita Finance and Leasing appointed Helly Raval Jayeshbhai as Chief Executive Officer on September 10, 2026. The Board of Directors approved the move based on recommendations from the Nomination and Remuneration Committee.

The appointment was formalized during a board meeting held on Thursday, September 10, 2026. The company disclosed the change in management under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Leadership Profile

Ms. Helly Raval brings extensive experience in business management, strategic planning, and corporate operations. Her profile highlights expertise in business development, financial planning, and stakeholder management. She is tasked with overseeing overall company affairs and coordinating various functions to ensure effective implementation of business strategies.

Her role involves working closely with the Board and management team to formulate business plans and strengthen the company's market position. The disclosure notes her ability to identify business opportunities and evaluate commercial prospects aimed at enhancing operational efficiency.

Regulatory Disclosures

The filing confirms that Ms. Raval is not related to any director of the company. This disclosure aligns with Schedule III requirements of the SEBI Listing Regulations, ensuring transparency regarding potential conflicts of interest or related-party relationships within the leadership structure.

Historical Stock Returns for Rita Finance & Leasing

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.62%	+21.11%	+1.93%	0.0%	-45.32%	0.0%

What specific strategic initiatives or growth targets has Helly Raval outlined for Rita Finance and Leasing in her first year as CEO?

How might this leadership change influence the company's approach to navigating current interest rate trends and credit risk in the leasing sector?

Are there plans to restructure the executive management team or introduce new key hires to support Ms. Raval's operational strategy?

Rita Finance & Leasing

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Rita Finance accepts resignation of independent director Mahesh Anand Dhanavade

0 min read | Published on 29 Aug 2026, 02:14 PM |Updated on 29 Aug 2026, 02:14 PM

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Naman SScanX News Team

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Key Highlights

Mahesh Anand Dhanavade resigns as Non-Executive Independent Director
Resignation becomes effective on August 29, 2026
Cited reason is personal matters with no other material issues
Disclosure made to BSE and MSEI per SEBI Listing Regulations

*this image is generated using AI for illustrative purposes only.

Rita Finance & Leasing has accepted the resignation of Mr. Mahesh Anand Dhanavade as Non-Executive Independent Director, effective August 29, 2026.

The departure follows a formal intimation to the BSE and MSEI under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that there are no other material reasons for the exit beyond personal grounds stated in the resignation letter.

Resignation Details

Mr. Dhanavade, identified by DIN 07782425, tendered his resignation from the office of Non-Executive Independent Director. He confirmed that his decision was driven solely by personal reasons and denied any other undisclosed factors requiring attention from shareholders or regulators.

The Board of Directors acknowledged his contribution during his tenure. The company noted that he holds no other directorships in listed entities at the time of cessation.

Regulatory Compliance

The disclosure aligns with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023. Sandip Patel, a director with DIN 10849576, signed the communication on behalf of the company.

Historical Stock Returns for Rita Finance & Leasing

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.62%	+21.11%	+1.93%	0.0%	-45.32%	0.0%

Has Rita Finance & Leasing identified a successor for the Non-Executive Independent Director role, and what is the timeline for appointing a replacement?

How might the departure of an independent director impact the company's corporate governance ratings or investor confidence in the short term?

Are there any pending board decisions or strategic initiatives that may have been influenced by Mr. Dhanavade's tenure prior to his resignation?

Rita Finance & Leasing

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