Typhoon Financial Services Limited has disclosed the elevation of Mr. Rishab Chhajer (DIN: 05184646) as Managing Director of the company. The elevation was approved by shareholders through a special resolution passed at the 36th Annual General Meeting held on 23rd September, 2026.
Key Details of the Appointment
- Effective Date: The appointment is effective from 16th January, 2026
- Term: Five years duration
- Approval Process: Initially approved by the Board of Directors in their meeting dated 16th January, 2026 for a period of three years, subject to shareholder approval. Subsequently confirmed by shareholders for a five-year term.
- Retirement Provisions: Mr. Chhajer shall be liable to retire by rotation.
Director Profile and Experience
Mr. Rishab Chhajer is described as an industrialist with experience in:
- Industrial Engineering
- Business Administration
- Sales, marketing and administration
Shareholding and Relationships
- Director Shareholding: Nil shares in the company
- Director Relationships: Mr. Rishab Chhajer is related to Ms. Sushma A. Chhajer
Compliance Affirmations
The disclosure affirms that:
- Mr. Rishab Chhajer is not debarred from holding the office of director by virtue of any SEBI order or any other authority
- This intimation is made in compliance with Regulation 30 and other applicable provisions of SEBI Listing Regulations
The document was signed by Richa Smit Shah, Company Secretary & Compliance Officer, on 23rd September, 2026.