NewsSRG Fingrow Finance Limited Re-appoints Dilip Kumar Singhvi as Independent Director for Second TermSRG Fingrow Finance Limited Re-appoints Dilip Kumar Singhvi as Independent Director for Second Term
SRG Fingrow Finance Limited's board approved the re-appointment of Mr. Dilip Kumar Singhvi as Independent Director for a second five-year term from July 17, 2026 to July 17, 2031, subject to shareholder approval. The decision was made during the board meeting held on March 25, 2026. Mr. Singhvi brings over 36 years of banking experience with qualifications including B.Sc, M.Com, MBA, and CAIIB, specializing in credit management, risk assessment, and customer grievance resolution.
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SRG Fingrow Finance Limited's Board of Directors has approved the re-appointment of Mr. Dilip Kumar Singhvi as an Independent Director for a second consecutive term. The decision was taken during the board meeting held on March 25, 2026, which commenced at 2:00 PM and concluded at 02:45 PM.
Board Meeting Outcome
The board approved Mr. Dilip Kumar Singhvi's re-appointment as an Independent Director for a second term of five consecutive years. The re-appointment is subject to shareholder approval and will be effective from July 17, 2026 to July 17, 2031.
| Parameter: | Details |
|---|---|
| Director Name: | Mr. Dilip Kumar Singhvi |
| DIN: | 09240489 |
| Term Duration: | Five consecutive years |
| Effective Period: | July 17, 2026 to July 17, 2031 |
| Approval Status: | Subject to shareholder approval |
Director Profile and Qualifications
Mr. Dilip Kumar Singhvi brings substantial experience to the board with over 36 years in the banking sector. His educational qualifications include:
- Bachelor of Science (B.Sc)
- Master of Commerce (M.Com)
- Master of Business Administration (MBA)
- Certified Associate of Indian Institute of Bankers (CAIIB)
- Multiple courses on Mutual Funds conducted by NISM
Professional Expertise
Mr. Singhvi's extensive banking experience encompasses several key areas of financial services. His expertise spans credit management, risk assessment, collections monitoring, and resolution of customer grievances. This comprehensive background aligns with the company's financial services operations.
Regulatory Compliance
The re-appointment complies with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Mr. Singhvi is not debarred from holding the office of director by virtue of any SEBI order or any other authority. Additionally, he is not related to any other director of the company.
Corporate Information
SRG Fingrow Finance Limited, formerly known as S R G Securities Finance Ltd., is headquartered in Udaipur, Rajasthan. The company operates under CIN L67120RJ1995PLC009631 and maintains its registered office at 322, SM Lodha Complex, Near Shastri Circle, Udaipur, Rajasthan. The relevant information has been made available on the company's website at www.srgfin.com as per regulatory requirements.
Historical Stock Returns for SRG Fingrow Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | 0.0% | -100.00% | -100.00% | -100.00% | -100.00% |
What strategic initiatives might SRG Fingrow Finance pursue under Mr. Singhvi's continued independent oversight given his extensive banking and risk management expertise?
How could Mr. Singhvi's reappointment influence the company's approach to digital transformation and fintech integration in the evolving financial services landscape?
What impact might this board stability have on SRG Fingrow Finance's credit rating and ability to secure favorable funding terms for expansion?
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