Leading Leasing Finance And Investment Company Ltd
Leading Leasing Finance Appoints New MD & CFO
MANAGEMENT
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 08 Oct 2026, 04:55 PM IST · BSE ID: e1fe54c1-03dd-4f5e-91f1-f00691ec951f
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's board has appointed a new leader as Managing Director and CFO, while the previous one has resigned.
🤖 AI Summary
- New Managing Director appointed for a five-year term, effective October 8, 2026.
- Mr. Satish Sahadev Kalmaste appointed as MD and CFO of the Company.
- Mr. Ketanbhai Shivabhai Gosai has resigned from the positions of MD and CFO.
- Appointments are subject to regulatory and shareholder approvals.
🏢 How This Affects the Company
The appointment of a new Managing Director and CFO signifies a transition in key leadership roles, which can influence strategic direction and operational execution.
Leadership changes at the MD and CFO level will impact the company's governance and strategic decision-making processes moving forward.
Management changes inherently introduce a degree of transition risk, which is mitigated by the appointment of replacements and the requirement for regulatory approval.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders at this time, as approvals are pending.
👤
Who Is Affected
All shareholders are affected by changes in key management positions, which could influence future company performance.
🔍
Management Signal
The board is actively managing management transitions, ensuring continuity with new appointments while accepting resignations.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Regulatory approval for new MD and CFO appointments.
Shareholder approval at the General Meeting for leadership changes.
Subsequent announcements detailing strategy under new leadership.
MEDIUM RISK
Key management changes introduce transition and execution risks pending necessary approvals.
💡 Investor Takeaway
Leading Leasing Finance appointed Mr. Satish Sahadev Kalmaste as Managing Director for five years and as CFO, replacing Mr. Ketanbhai Shivabhai Gosai. Approvals pending.
❓ Frequently Asked Questions
Who has been appointed as the new Managing Director of Leading Leasing Finance?
Mr. Satish Sahadev Kalmaste has been appointed as the Managing Director of Leading Leasing Finance for a period of five years, effective October 8, 2026.
Who has resigned from the position of Managing Director at Leading Leasing Finance?
Mr. Ketanbhai Shivabhai Gosai has resigned from the post of Managing Director of Leading Leasing Finance.
Has the new Chief Financial Officer for Leading Leasing Finance been appointed?
Yes, Mr. Satish Sahadev Kalmaste has also been appointed as the Chief Financial Officer (CFO) of Leading Leasing Finance, effective October 8, 2026.
What is the tenure of the new Managing Director at Leading Leasing Finance?
The new Managing Director, Mr. Satish Sahadev Kalmaste, has been appointed for a period of five consecutive years.
Questions based on this BSE filing only. For information purposes.