Morarka Finance Management Change
Morarka Finance shareholders approved the appointment of Mr. Pranay G. Morarka as Managing Director. His five-year term is effective from April 24, 2026.
- Execution
- 5 years
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Morarka Finance shareholders approved the appointment of Mr. Pranay G. Morarka as Managing Director. His five-year term is effective from April 24, 2026.
Morarka Finance Limited announced that Mr. Pranay G. Morarka has resigned as CEO effective April 24, 2026. Simultaneously, he has been appointed as Managing Director (Additional Director), subject to shareholder approval. This transition ensures leadership continuity within the organization.
Morarka Finance Limited announced the resignation of Ms. Kalluri Savitha Rao as Non-Executive Director effective April 13, 2026. She also stepped down from the Nomination and Remuneration Committee due to personal and professional priorities. The company has formally accepted the resignation and shared required disclosures with the exchange.