Cubical Financial Services Limited disclosed the outcome of its Board meeting held on August 11, 2026, which commenced at 2:00 PM and concluded at 3:30 PM.
The Board transacted the following business:
1. Re-appointment of Executive Chairman and Managing Director
- The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, approved the re-appointment of Shri Ashwani Kumar Gupta (DIN: 00348616) as Executive Chairman and Managing Director of the Company.
- The re-appointment is for a further term of 5 (Five) years commencing from October 1, 2026, and ending on September 30, 2031.
- This follows the expiry of his existing term on September 30, 2026.
- The re-appointment is subject to approval by the members of the Company at the forthcoming General Meeting.
Additional Details from Annexure A
- Reason for Change: The existing tenure of Mr. Ashwani Kumar Gupta as Managing Director expires on September 30, 2026.
- Date of Re-appointment: Approved by the Board on August 11, 2026, for a term from October 1, 2026, to September 30, 2031.
- Brief Profile: Shri Ashwani Kumar Gupta has extensive experience in management and operations and has been instrumental in providing strategic direction and leadership to the Company.
- Director Relationships: There are no relationships between directors inter-se.
- Regulatory Compliance: Mr. Gupta has not been debarred from holding the office of Director by any order from SEBI or other authorities.
The disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and includes details required under master circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.