Board Meeting Details

The Board of Directors meeting was held on Tuesday, May 26, 2026, where two key decisions were approved.

Appointment of Managing Director

Mrs. Forum Jigar Gada (DIN: 10845327) was appointed as Managing Director effective May 26, 2026. The appointment is for a term of five years, subject to approval by shareholders.

Profile of Managing Director

Mrs. Forum Jigar Gada is a qualified Chartered Accountant (CA) who completed her qualification in November 2014 from Mumbai. She is currently 38 years old with over a decade of experience. Her expertise includes Concurrent and Statutory Audits, particularly within the banking sector. She has experience in the broking industry with responsibilities for finalization and presentation of financial statements. She has successfully conducted internal audits in line with SEBI regulations. Previously, she was a partner at Varun Golechha & Associates, where she contributed to the firm's growth and success in audit and financial advisory services.

Compliance Declaration

In accordance with SEBI instructions to Stock Exchanges dated June 14, 2018, Mrs. Forum Jigar Gada is not debarred from holding the office of Director of Minolta Finance Ltd by virtue of any SEBI order or any other such authority. There are no disclosed relationships between directors.

Reappointment of Internal Auditor

The Board of Directors approved the reappointment of M/S TRS & CO. as Internal Auditor of the company effective May 26, 2026.

Profile of Internal Auditor

CA Tanvi Ronish Shah is a qualified Chartered Accountant and founder of TRS & CO., established in 2013. She brings over a decade of experience in Audit & Assurance, Taxation Advisory, Management Consultancy, Compliance Services, and Finance Management. She has handled statutory audits, internal audits, bank concurrent audits, tax compliance, and financial consultancy assignments for reputed organizations including CEAT Ltd, Trent Ltd, Sulzer India Ltd, and various public sector banks. She is recognized for her professionalism, integrity, analytical capabilities, and commitment to delivering effective financial and business solutions. There are no disclosed relationships between directors.