Key Appointment Details
The Board of Directors of 5paisa Capital Limited, based on the recommendation of the Nomination and Remuneration Committee, has approved the appointment of Mr. Mehul Somaiya as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company.
Effective Date
The appointment is effective from Thursday, July 16, 2026.
Appointee Profile
Mr. Mehul Somaiya has over 13 years of experience in corporate secretarial, governance, regulatory and capital market compliance functions. His previous experience includes:
- Vice President and Designated Company Secretary of SBM Bank (India) Limited
- Associations with IIFL Finance Limited, Tata Capital Group, L&T Financial Services Group, Essel Group, and Peninsula Land Limited
Employment Terms
The appointment is for full-time employment.
Additional Information
The complete disclosure annexure is available on the company's website at https://www.5paisa.com/investor-relations.
The disclosure was signed by Gourav Munjal, Whole-time Director & CFO (DIN: 06360031), on July 16, 2026.
Financial Impact
No financial impact or quantification is provided in the disclosure.