Sanchay Finvest board approved the appointment of three new directors and accepted the resignations of two independent directors in a meeting held on August 26, 2026. The company also appointed M/s. K S Jain and Associates as its internal auditor for FY27 and reappointed Sarthak Sharma as whole-time director for five years.

The company filed a corrected disclosure with the Bombay Stock Exchange on August 27, 2026, to rectify a clerical error in an earlier announcement regarding the change in directors. The revised filing clarified the subject line under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Appointments

The board appointed the following individuals as additional directors, subject to shareholder approval:

• Rohit Mishra (DIN: 10100350) as Non-Executive Independent Director for five years. He is a senior banking and finance professional with extensive experience in the banking and financial services sector, including a distinguished career with the National Bank for Agriculture and Rural Development (NABARD), where he served as General Manager. He has strong expertise in Funds Management, Accounts, Financial Administration, Banking Operations, Financial Planning, Regulatory Compliance, and Institutional Finance.
• Gaurang Karmakar (DIN: 09459798) as Non-Executive Independent Director for five years. He is a results-driven Data Science and Statistical Analysis professional with over seven years of experience in statistical modeling, data analysis, predictive analytics, and deriving actionable business insights. He is certified in SAS Base Programming and Predictive Modeling, with exposure to R, SQL, SPSS, and advanced analytics tools.
• Lily Mundu (DIN: 10118884) as Non-Executive Non-Independent Director, liable to retire by rotation. She is a graduate with experience in Operation Management, Quality Control & Marketing, Sales & Marketing strategy, Business Development & Management.

All appointments are effective from August 26, 2026. The new directors confirmed they are not debarred from holding office by SEBI or other authorities. Mr. Rohit Mishra and Mr. Gaurang Karmakar are not related to any director of the company.

Resignations Accepted

The board accepted the resignations of two independent directors effective August 26, 2026:

• Nikhil Mathur (DIN: 00192195)
• Milan Shah (DIN: 02964070)

Both directors cited personal and professional commitments as reasons for stepping down. They confirmed there were no other material reasons for their resignation. Neither director holds directorships in other listed entities.

Other Approvals

The board approved the following additional matters:

• Appointment of M/s. K S Jain and Associates (FRN: 118066W) as Internal Auditor for FY26-27, based on Audit Committee recommendation. The firm specializes in Internal Audit, IRFS, and Taxation.
• Reappointment of Sarthak Sharma (DIN: 08239430) as Whole-Time Director for a five-year term from August 26, 2026, to August 25, 2031. He has more than three years of experience in the business.
• Appointment of Shravan A. Gupta & Associates as Scrutinizer for the 35th Annual General Meeting e-voting process.

Sanchay Finvest has announced the resignation of M/s. S K B J P & Co. as its internal auditor, effective August 21, 2026. The firm cited pre-occupation and other professional commitments for the decision.

The company disclosed the development in a letter to the Bombay Stock Exchange on August 22, 2026. The resignation was submitted by Satish Bokhia, partner at the chartered accountancy firm, which had been appointed for the financial year 2026-27 starting May 28, 2026.

Regulatory Compliance

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

Next Steps

Management is currently in the process of appointing a new internal auditor. The company stated that the appointment will be completed in due course in compliance with applicable provisions. The resigning firm offered cooperation for the smooth handover of records and information.