Viji Finance appoints Aryaman Kothari as Whole-Time Director
Viji Finance has appointed Aryaman Kothari as Whole-Time Director for three years and re-appointed Sakshi Chourasiya as Independent Director for five years, pending shareholder approval. Kothari, the son of the Chairman, has six years of experience in finance, while Chourasiya brings over 13 years of expertise in education and operations.
*this image is generated using AI for illustrative purposes only.
Viji Finance has approved the appointment of Aryaman Kothari as Whole-Time Director and the re-appointment of Sakshi Chourasiya as Independent Director, subject to shareholder approval. The Board of Directors sanctioned these changes based on recommendations from the Audit Committee and the Nomination and Remuneration Committee. The appointments are effective from July 14, 2026, and October 25, 2026, respectively.
Aryaman Kothari has been appointed as an Additional Director and Whole-Time Director for a term of three years, ending on July 13, 2029. He is the son of Vijay Kothari, the Chairman & Managing Director of Viji Finance, and belongs to the promoter group. Kothari holds a Bachelor of Management Studies and possesses over six years of experience in finance, accounts, and business management. He currently holds directorships in two other companies, ARYKO Private Limited and Viji Bioscience Private Limited.
Sakshi Chourasiya has been re-appointed as a Non-Executive Independent Director for a second term of five consecutive years, from October 25, 2026, to October 24, 2031. She holds a Bachelor of Technology degree and brings more than 13 years of professional experience in education and operations. Chourasiya does not hold directorships in any other companies and has no familial relationships with other directors on the board.
The company confirmed that neither appointee is debarred from holding the office of Director or accessing the capital markets by SEBI or any other regulatory authority. The disclosures were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Director Profiles
| Particular | Aryaman Kothari | Sakshi Chourasiya |
|---|---|---|
| Designation | Whole-Time Director | Non-Executive Independent Director |
| DIN | 09324877 | 09370037 |
| Term | 3 years (July 14, 2026 to July 13, 2029) | 5 years (Oct 25, 2026 to Oct 24, 2031) |
| Age | 25 Years | 34 Years |
| Qualification | B.M.S. | B.Tech. |
| Experience | 6 years in finance and accounts | 13 years in education and operations |
| Other Directorships | 2 | Nil |
Historical Stock Returns for Viji Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.89% | +12.19% | +107.69% | +180.28% | +243.22% | +710.00% |
How will Aryaman Kothari's appointment influence the strategic direction of Viji Finance given his background in finance and family ties?
What impact might the promoter group's increasing involvement have on corporate governance and shareholder confidence?
Will Sakshi Chourasiya's re-appointment bring fresh perspectives to the board, considering her expertise in education and operations?
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