My Companies
Notification
Account
Board approved voluntary surrender of RBI NBFC Certificate of Registration to discontinue NBFC business and accepted CFO Arun Sahu's resignation effective closing hours Oct 06, 2026. Cites negative NOF/net worth, nil operational income since Q2 FY26, NPA provisioning and unviability of restoring NOF. CoR stays valid till RBI formally cancels via PRAVAAH application. Exits core regulated business; financial impact yet to be assessed. No successor CFO disclosed; surrender filing and consequential actions pending RBI approval.
No events have occurred recently