Aravali Securities & Finance Limited has announced a significant leadership change with the resignation of its Managing Director and Chairperson. The company filed the necessary regulatory disclosures on January 13, 2026, informing stakeholders about this key corporate development.

Leadership Transition Details

Mr. Ranjan Kumar Poddar (DIN: 00290949) has tendered his resignation from the dual positions of Managing Director and Chairperson of the company due to personal reasons. The resignation letter was submitted on January 13, 2026, with the effective date set for the close of business hours on January 14, 2026.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal communication was submitted to BSE Limited, ensuring transparency in corporate governance matters.

In his resignation letter addressed to the Board of Directors, Mr. Poddar expressed his inability to continue discharging his duties due to personal circumstances. He requested the Board to accept his resignation and relieve him from his responsibilities effective from the specified date.

Additional Disclosures

As part of the regulatory requirements, the company confirmed that there are no material reasons other than those provided for the cessation of Mr. Poddar's directorship. The disclosure also indicates that the resigning director does not hold directorship positions in any other listed entities.

The resignation letter included Mr. Poddar's expression of gratitude to the Board of Directors and colleagues for their guidance, cooperation, and support during his tenure with the company. Company Secretary and Compliance Officer Aakanksha Jaiswal signed the regulatory filing, ensuring proper documentation of this corporate change.

Aravali Securities & Finance Limited has announced the appointment of Mr. Shiv Poddar as Additional Director (Non-Executive Director) effective January 13, 2026. The appointment was approved by the Board of Directors at their meeting held on January 13, 2026, in compliance with regulatory requirements.

Board Approval and Regulatory Compliance

The appointment has been made pursuant to Section 161(1) of the Companies Act, 2013 and the Articles of Association of the company. The decision was communicated to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full compliance with disclosure requirements.

Appointment Details

The key details of Mr. Shiv Poddar's appointment are presented below:

Regulatory Confirmations

The company has provided necessary regulatory confirmations as part of the appointment process. It has been confirmed that Mr. Shiv Poddar is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other regulatory authority. This confirmation ensures compliance with corporate governance requirements.

Tenure and Future Steps

Mr. Shiv Poddar will hold office as an Additional Director up to the date of the ensuing Annual General Meeting of the company. The appointment follows standard corporate governance practices for additional director appointments under the Companies Act, 2013.

The company secretary, Aakanksha Jaiswal, who also serves as the Compliance Officer, signed the regulatory filing. All required disclosures under Regulation 30 of the SEBI (LODR) Regulations, 2015 have been submitted to the stock exchange as part of the appointment notification process.