Sunshine Capital appoints Pramod Kumar Jha as chief financial officer

1 min read | Published on 27 Aug 2026, 08:55 PM |Updated on 27 Aug 2026, 08:55 PM

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Suketu GScanX News Team

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Key Highlights

Pramod Kumar Jha appointed as CFO effective August 27, 2026
Board recommends Parul Agrawal & Associates as Secretarial Auditor
Auditor appointment requires shareholder approval at AGM
Disclosures made under SEBI LODR Regulation 30

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

Sunshine Capital Limited appointed Pramod Kumar Jha as Chief Financial Officer, effective August 27, 2026. The appointment was approved by the Board of Directors during a meeting held on the same date at its registered office in New Delhi.

The Board also considered and recommended the ratification of the appointment of M/s Parul Agrawal & Associates as the company’s Secretarial Auditor. This recommendation is subject to shareholder approval at the ensuing Annual General Meeting.

Key Appointments

Mr. Jha brings experience in accounts and general administrative matters to the role. His term will involve performing duties as prescribed under the Companies Act 2013 and SEBI Listing Obligations and Disclosure Requirements Regulations.

Parul Agrawal & Associates is a Delhi-based firm of Company Secretaries. The peer-reviewed firm provides professional services in corporate and SEBI laws.

Position	Name	Effective Date	Status
Chief Financial Officer	Pramod Kumar Jha	August 27, 2026	Appointed
Secretarial Auditor	Parul Agrawal & Associates	August 27, 2026	Recommended for Ratification

The disclosures were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Surendra Kumar Jain, Managing Director, signed the communication on behalf of the Board.

What specific strategic financial initiatives or restructuring plans is the new CFO expected to lead in Sunshine Capital's upcoming fiscal year?

How might the appointment of Parul Agrawal & Associates as Secretarial Auditor influence the company's compliance posture regarding recent SEBI regulatory changes?

Are there any pending shareholder concerns or historical governance issues that necessitated the specific selection of this secretarial audit firm?

Sunshine Capital board to consider 1:10 equity share consolidation

0 min read | Published on 24 Aug 2026, 10:47 PM |Updated on 24 Aug 2026, 10:47 PM

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Naman SScanX News Team

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Key Highlights

Sunshine Capital Ltd board meets August 27, 2026, to discuss equity share consolidation
Proposal seeks to consolidate existing ₹1 face value shares into ₹10 face value shares
Shareholder approval required at the upcoming Annual General Meeting
Record date for eligibility to be fixed and notified separately by the board

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

Sunshine Capital Limited will consider a proposal to consolidate its equity shares at a ratio of 1:10 during its board meeting on August 27, 2026. The move aims to increase the face value of each share from ₹1 to ₹10.

The board meeting is scheduled to take place at the company's registered office in New Delhi. Directors will review the consolidation plan alongside necessary alterations to the Capital Clause of the Memorandum of Association.

Proposal Details

The proposed consolidation requires approval from shareholders in the ensuing Annual General Meeting (AGM). Additionally, the company must secure relevant statutory and regulatory approvals before implementing the change.

Parameter	Current Value	Proposed Value
Face Value per Share	₹1	₹10
Consolidation Ratio	N/A	1:10

Next Steps

If approved, the Board of Directors will fix a record date to determine shareholder eligibility for the consolidation. This date will be communicated to stock exchanges in accordance with SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations.

The intimation was issued pursuant to Regulation 29 of the SEBI LODR Regulations, 2015, by Managing Director Surendra Kumar Jain.

How might the 1:10 share consolidation impact Sunshine Capital's liquidity and trading volume on stock exchanges?

What strategic rationale is driving the increase in face value from ₹1 to ₹10, and does it signal upcoming capital raising or restructuring plans?

Will this consolidation affect the eligibility of retail investors who currently hold fewer than 10 shares, and how will fractional shares be handled?