Rita Finance & Leasing Limited has announced a key leadership appointment, naming Mrs. Jenisha Het Shah as the company's new Chief Executive Officer. The appointment was approved by the Board of Directors on February 13, 2026, following recommendations from the Nomination and Remuneration Committee.

Leadership Appointment Details

The company has formally notified stock exchanges BSE Limited and Metropolitan Stock Exchange of India Limited about this strategic appointment in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Professional Background and Expertise

Mrs. Jenisha Het Shah brings substantial expertise in accounting and finance to her new role. She is an accomplished professional with strong academic credentials and extensive experience in corporate accounting, taxation, and financial management. Her background combines technical expertise with strategic financial insight and modern technology orientation.

Key Professional Experience

Mrs. Shah has wide experience in corporate accounting and has worked as a GST professional for multiple reputed industries, handling indirect tax compliance, advisory, and regulatory matters. Her practical exposure includes:

• Financial reporting and statutory compliance
• Audit coordination and management reporting functions
• Corporate accounting and financial management
• Taxation and regulatory advisory services

Academic Excellence and Qualifications

Mrs. Shah has demonstrated outstanding academic performance throughout her professional journey. She achieved distinguished results in CA Final examinations, securing top marks at the All India level in Financial Management and outstanding results in Direct Tax.

Educational Qualifications:

• CA Final (Group II)
• Bachelor of Commerce (B.Com)
• Master of Commerce (M.Com)

Core Competencies:

• Corporate Accounting & Financial Reporting
• Indirect Taxation (GST) & Direct Taxation
• Financial Management & Costing
• Statutory Audit & Compliance
• Corporate Communication
• Management Planning & Financial Strategy

Technology and Future Focus

Mrs. Shah is developing strong command over AI-oriented accounting systems and technology-driven financial planning tools. This expertise enables enhanced efficiency, analytics-driven decision-making, and forward-looking financial management capabilities.

With her strong academic foundation, professional discipline, and strategic financial acumen, Mrs. Shah is positioned to lead the organization's financial and operational functions as Chief Executive Officer, focusing on governance, sustainable growth, regulatory compliance, and long-term stakeholder value creation.

Rita Finance & Leasing has announced a significant change in its key management personnel. Mrs. Anita Chougule has tendered her resignation from the position of Company Secretary and Compliance Officer, effective September 30, 2025.

Resignation Details

According to the company's filing with the stock exchanges, Mrs. Chougule's resignation is due to pre-occupation reasons. The resignation will take effect from the closing of business hours on September 30, 2025. Rita Finance and Leasing Limited has duly informed both the BSE Limited and the Metropolitan Stock Exchange of India Limited about this development, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company's Response

The company has acknowledged Mrs. Chougule's contribution during her tenure. In her resignation letter, Mrs. Chougule expressed gratitude to the Board for the support extended during her time as Company Secretary. The company is expected to initiate the process of finding a suitable replacement for the position to ensure smooth operations and continued compliance with regulatory requirements.

Recent Corporate Actions

In addition to this management change, Rita Finance and Leasing Limited has recently conducted its 44th Annual General Meeting (AGM) on September 27, 2025. The company reported that all resolutions proposed at the AGM were passed with the requisite majority, including:

1. Adoption of the Audited Standalone Financial Statements for the Financial Year ended March 31, 2025
2. Reappointment of Mr. Pawan Kumar Mittal as a Director
3. Appointment of Mr. Sandipbhai Patel as an Independent Director
4. Appointment of Mrs. Harshita Kanishka Tiwari as an Independent Director
5. Appointment of M/s. Ankur Gandhi & Associates as the Secretarial Auditor of the Company

Trading Window Closure

In a separate announcement, Rita Finance and Leasing Limited has informed that the trading window for dealing in the company's securities by Designated Persons and their immediate relatives will remain closed from October 1, 2025. This closure will continue until 48 hours after the declaration of unaudited Financial Results for the quarter ended September 30, 2025. The date for the Board Meeting to review and approve these results will be communicated in due course.

Investors and stakeholders are advised to take note of these developments and their potential impact on the company's operations and compliance structure.