Smart Finsec Limited Appoints Arun Khera as Managing Director for Five-Year Term

Smart Finsec Limited, a company listed on the Bombay Stock Exchange (BSE: 539494), has announced the appointment of Arun Khera as its new Managing Director. The appointment, subject to shareholder approval, is for a five-year term commencing August 29, 2025, and ending August 28, 2030.

Board Approval and Appointment Details

The company's Board of Directors, in a meeting held on August 28, 2025, approved Khera's appointment based on the recommendation of the Nomination & Remuneration Committee. The decision was disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Arun Khera's Profile

Arun Khera brings a wealth of experience to his new role:

• Professional Qualifications: A Chartered Accountant and holds a Master of Commerce degree
• Industry Experience: Over 25 years in finance, accounting, and securities markets
• Company Association: One of the promoters of Smart Finsec Limited

Corporate Governance and Compliance

The company has confirmed that Khera is not debarred from holding directorial positions by SEBI or any other regulatory authority. This appointment aligns with corporate governance standards and regulatory requirements.

Family Ties in Management

It's worth noting that Arun Khera has a familial connection within the company's leadership. He is the father of Sachit Khera, who serves as a Non-Executive Director at Smart Finsec Limited.

Additional Board Meeting Outcomes

The Board meeting on August 28, 2025, also resulted in several other key decisions:

• Scheduling of the 30th Annual General Meeting (AGM) for September 25, 2025, to be held via video conferencing
• Approval of the Directors' Report and Management Discussion and Analysis Report for the financial year 2024-25
• Setting September 18, 2025, as the cut-off date for determining voting eligibility for the AGM
• Re-appointment of M/s. PK Mishra & Associates as the Secretarial Auditor for the Financial Year 2025-26

These developments signal Smart Finsec Limited's commitment to maintaining strong leadership and adhering to regulatory requirements as it moves forward under Arun Khera's direction.