IBL Finance has announced the resignation of its Chief Financial Officer, Mr. Dhaval Bipinbhai Mashru. The resignation will take effect from the close of business hours on 9 April 2026. Mr. Mashru cited career opportunities outside the company and personal commitments as reasons for his decision to step down.
The company confirmed that Mr. Mashru’s resignation letter will be presented to the Board of Directors at the upcoming board meeting for consideration and formal acceptance. Mr. Mashru has expressed his willingness to support a smooth transition during this period.
Mr. Mashru has been a part of IBL Finance and has contributed to the company’s financial management. His departure marks a significant change in the company’s executive team. The company has not yet announced a successor for the CFO position.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Aditya Bhagchandani before publication.