Key Management Change
Mr. Vishal Miglani has resigned from the position of Interim Chief Financial Officer and consequently as Key Managerial Personnel of TruCap Finance Limited. The resignation is effective from the close of business hours on May 24, 2026.
Continued Association
Mr. Miglani will continue to be associated with the company as Senior Vice President – Business Loans, Cross Sell, Collaborations & Strategy and will remain part of the senior management personnel.
Subsidiary Impact
The resignation also applies to his position as Key Managerial Personnel of DFL Technologies Private Limited, a wholly owned subsidiary of TruCap Finance Limited.
Reason for Resignation
As stated in Mr. Miglani's resignation letter dated May 24, 2026, the resignation is to "devote greater focus towards the business collaboration function of the Company."
Financial Impact
Financial impact not quantified in the disclosure.