Manappuram Finance Limited has announced the resignations of two key senior management personnel: Mr. Digbijay Bandyopadhyay, Business Head – Commercial Vehicle Finance (VP), and Mr. Ajay Bhalchandra Shelke, Business Head – Two-Wheeler Finance. Both individuals have cited personal reasons for their departure. Their last working days are scheduled for September 15, 2026, and September 16, 2026, respectively. The company has provided detailed disclosure as per SEBI regulations.
Senior Leadership Changes at Manappuram Finance
Manappuram Finance Limited has formally notified the stock exchanges about the resignations of two senior management personnel. This announcement impacts key leadership roles within the company’s finance divisions. The resignations are effective from the close of business hours on their respective last working days.
Personnel Departures
The senior executives tendering their resignations are:
- Mr. Digbijay Bandyopadhyay, who holds the position of Business Head – Commercial Vehicle Finance (VP). His last day of employment will be September 15, 2026.
- Mr. Ajay Bhalchandra Shelke, Business Head – Two-Wheeler Finance. His last working day is set for September 16, 2026.
Both individuals have stated personal reasons as the basis for their decision to leave the company. The company has submitted the necessary disclosures as required by the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Regulatory Compliance
Manappuram Finance Limited has ensured all requisite information, including the resignations letters detailing the reasons, has been furnished to the relevant authorities and is available as Annexures to the disclosure. The company has also uploaded this information on its official website as per regulatory mandates.
Source: BSE