Date: 14th August, 2026
Board Meeting Outcomes
- The Board of Directors approved opening of branch offices at Mumbai, Ahmedabad, Surat, Indore and Jodhpur at its meeting held on 24th June, 2026
- The expansion is intended to expand the Company's business operations and strengthen its presence in these regions
Operational / Strategic Disclosures
Branch Office Openings:
- Jodhpur branch: Located in Rajasthan, opened on 1st July, 2026
- Ahmedabad branch: Located in Gujarat, opened on 10th August, 2026
Strategic Rationale:
- The opening is in line with the Company's business expansion strategy
- Intended to enhance geographical presence
- Strengthen customer outreach
- Expand lending operations
Regulatory Context:
- This intimation updates Stock Exchanges regarding subsequent implementation of Board-approved proposal
- Addressed to BSE Limited, National Stock Exchange of India Limited, and Calcutta Stock Exchange Limited
Signature Details
- DIN: 00172878
- Digital signature timestamp: 2026.08.14 16:54:55 +05'30'