Aseem Dhru to Become Non-Executive Vice Chairman of SBFC Finance Limited, Mahesh Dayani to Become MD & CEO

SBFC Finance Limited today announced that its MD & CEO, Mr. Aseem Dhru, will assume the post of Non-Executive Vice Chairman of the Board of the Company effective April 01, 2026. In his new role, Mr. Dhru will continue to guide the Company on its path to becoming a market leader serving the small business segment in small towns across India.

The Board of Directors has named Mr. Mahesh Dayani, currently the Executive Director, as the next MD & CEO with effect from April 01, 2026. A co-founder of SBFC Finance Limited, Mr. Dayani is a seasoned finance executive with over 25 years of experience in the banking industry. He has been instrumental in refining the company's strategies, driving growth, managing the successful IPO and strengthening its market presence. His appointment ensures leadership continuity and reflects the board's confidence in his ability to execute the company's long-term strategy for scale, profitability, and governance in the MSME segment. His proven track record in building businesses is expected to propel the company's next phase of growth.

The Board acknowledges and appreciates the contributions of Mr. Aseem Dhru in steering the Company and creating significant value.

Mr. Neeraj Swaroop, Chairman of the Board, said: "Aseem has led SBFC to become a credible institution that has demonstrated consistent performance, scaled its presence across the country and successfully became a publicly listed company in 2023. Under his leadership, the Company has strengthened its franchise, enhanced its risk and governance framework, and created sustainable value for all stakeholders. We look forward to Aseem's continued contributions from the Board."

Mr. Aseem Dhru, outgoing CEO, said: "I am proud to see SBFC in a position of strength as one of India's fastest-growing financial services companies. As I move into my new role on the Board, I am excited to continue supporting Mahesh and the leadership team in this next chapter of growth. I have seen his exceptional industry insights, strategic depth and execution capabilities and I am confident he will lead SBFC to greater heights"

The Company confirms that this Leadership change does not affect its previously announced guidance and strategic priorities.

The aforementioned changes are subject to necessary approvals.

Shares of SBFC Finance Limited was last trading in BSE at Rs. 101.60 as compared to the previous close of Rs. 103.40. The total number of shares traded during the day was 102308 in over 891 trades.

The stock hit an intraday high of Rs. 104.15 and intraday low of 100.90. The net turnover during the day was Rs. 10467877.00.

Source : Equity Bulls

Keywords

SBFCFinance INE423Y01016 NBFC Appointments