Unifinz Capital India Limited has announced significant changes to its board of directors and key managerial personnel. The company has appointed three new directors, bringing fresh expertise and diverse experience to its leadership team, while also seeing a transition in its Chief Financial Officer position.

Board Appointments

The following appointments were made on October 14, 2025:

Professional Backgrounds

Mr. Manish Aggarwal

• Chartered Accountant with over 15 years of experience
• Expertise in taxation, finance, and accounting across real estate, broadcasting, and corporate sectors
• Skilled in statutory compliance, audits, GST migration, and fund management

Mrs. Ritu Sharma

• Commerce graduate with PG Diploma in Business Administration
• Over 9 years of experience in treasury and financial management
• Previously served as Chief Financial Officer until October 13, 2025
• Certified in insurance (AICPCU), Lean methodology, and holds NISM V-A certification

Mr. Shubh Charn Bansal

• Chartered Accountant with over 22 years of experience
• Expertise in financial management, statutory compliance, taxation, and internal controls
• Currently associated with JIO Platforms Limited as Deputy General Manager

Appointment Process

The appointments were made based on recommendations from the Nomination and Remuneration Committee and received prior approval from the Reserve Bank of India on August 27, 2025. All three directors have been confirmed to not be debarred from holding director positions by any regulatory authority.

CFO Transition

Ritu Sharma resigned from her position as Chief Financial Officer of Unifinz Capital India Limited, effective October 13, 2025. Her resignation coincides with her appointment as a Non-Executive Non-Independent Director of the company. The Board of Directors acknowledged her resignation during their meeting held on October 14, 2025. The company has provided the required regulatory disclosures regarding this key managerial personnel change.

These strategic appointments and the transition of Mrs. Sharma from CFO to board member are expected to bring valuable insights and strengthen the company's governance structure. Shareholders will have the opportunity to approve these appointments in the upcoming general meeting.

Unifinz Capital India Limited's move to diversify its board with experienced professionals from various financial backgrounds, while also facilitating internal transitions, signals its commitment to robust corporate governance and strategic growth in the evolving financial landscape.

Unifinz Capital has announced impressive financial results for the first quarter, along with a key addition to its board of directors.

Strong Financial Performance

The company reported a significant surge in its total income for Q1, reaching Rs. 8,307.40 crore, a substantial increase from Rs. 1,500.85 crore in the previous quarter. This growth was primarily driven by a sharp rise in interest income, which stood at Rs. 6,298.63 crore for the quarter.

Unifinz Capital's profit after tax (PAT) showed remarkable growth, climbing to Rs. 1,681.45 crore from Rs. 737.55 crore in the previous quarter. This represents a quarter-on-quarter growth of approximately 128%.

The company's financial performance is summarized in the following table:

Appointment of New Independent Director

In a significant board-level change, Unifinz Capital has appointed Mrs. Bhawna Saunkhiya as an Additional Woman Director (Non-Executive and Independent) for a term of five years, effective from August 12, 2025, to August 11, 2030. The appointment is subject to shareholder approval.

Mrs. Saunkhiya brings a wealth of experience to the board, holding degrees in Commerce and being a qualified Company Secretary. Her expertise spans Corporate Laws, Securities Laws, Corporate Governance, and Finance. She is currently associated with Sri Adhikari Brothers Television Network Limited as a Company Secretary.

Fund Utilization Update

The company also provided an update on the utilization of funds raised through recent equity issuances. Unifinz Capital confirmed that there has been no deviation in the use of funds raised through a preferential issue of Rs. 22.35 crore and the conversion of convertible warrants amounting to Rs. 7.51 crore in March 2025. These funds were primarily allocated to meet the minimum Net Owned Fund requirements as per Reserve Bank of India regulations and to support working capital needs, business expansion, and other general corporate purposes.

Unifinz Capital continues to demonstrate strong financial growth and strategic initiatives, positioning itself for further expansion in the financial services sector.