GSB Finance Limited has updated its list of authorized Key Managerial Personnel (KMPs) responsible for determining materiality of events and making disclosures to stock exchanges. The update was approved by the Board of Directors in their meeting held on March 2, 2026, in compliance with Regulation 30(5) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Updated Authorization Framework

The company has established a clear framework for regulatory compliance by designating specific personnel for different aspects of disclosure requirements. The authorization covers two key areas: determining the materiality of events or information, and making actual disclosures to stock exchanges.

Authorized Personnel Details

The updated authorization list includes the following personnel:

Regulatory Compliance

This authorization update ensures GSB Finance Limited maintains compliance with SEBI's listing obligations and disclosure requirements. The regulation mandates that listed companies must authorize specific Key Managerial Personnel to determine the materiality of events and handle communications with stock exchanges.

Management Structure

The authorization reflects the company's management structure, with Mr. Vivek Kumar Singhal serving dual roles as Managing Director and Chief Financial Officer. The inclusion of Mr. Kshitij Agrawal, a Non-Executive Director from the promoter group, and Mr. Akshat Sharma as Company Secretary ensures comprehensive coverage of disclosure responsibilities across different management levels.

GSB Finance Limited has announced the appointment of Mr. Akshat Sharma as Company Secretary and Compliance Officer, effective March 02, 2026. The appointment was approved by the Board of Directors in their meeting held on March 02, 2026, following a recommendation from the Nomination & Remuneration Committee.

Key Appointment Details

The company has formally notified BSE Limited about this strategic appointment in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulation 2015. The notification was signed by Managing Director Vivek Kumar Singhal and submitted to the stock exchange.

Professional Background

Mr. Akshat Sharma brings significant expertise to his new role at GSB Finance Limited. He is an associate member of the Institute of Company Secretaries of India, holding membership number A-67006. His educational qualifications include both commerce and law degrees, providing a strong foundation for corporate compliance and secretarial functions.

Experience and Qualifications

• Professional Membership: Associate member of ICSI
• Educational Background: Commerce graduate and law graduate
• Experience: 4+ years of post-membership experience
• Specialization: Corporate secretarial and compliance functions

Regulatory Compliance

The appointment notification includes comprehensive disclosures as required under SEBI regulations. GSB Finance Limited has provided detailed information pursuant to SEBI circular no. CIR/CFD/CMD/4/2015 dated September 09, 2015, and SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Company Information

GSB Finance Limited operates under CIN L99999MH2001PLC134193 and trades on BSE with scrip code 511543. The company maintains its commitment to transparent governance practices through timely regulatory disclosures and proper board oversight of key appointments.