Savani Financials Limited announced that at its EGM held on March 2, 2024 have approved the appointment of Mr. Praful Natranjan Sheth as chief financial officer (Key Managerial Personnel) of the company. Date of appointment: November 06, 2023 for a period of 5 years. Mr. Praful Natranjan Sheth is a qualified Company Secretary, Chartered Accountant and Post Graduate Diploma in Management Studies, (JBIMS) University of Mumbai and has an experience of 44 years.

Reason for change: To fill up the vacancy occurred in pursuant to resignation of Ms. Sejal Bisra from the position of Chief Financial Officer of the Company.