Avanse Strengthens Board Ahead Of IPO, Appoints New Independent Director

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Education loan-focussed NBFC Avanse Financial Services has appointed former Bajaj Finserv COO Rakesh Bhatt as an independent director of the company ahead of launching its INR 3,500 Cr initial public offering (IPO).

The board of Avanse passed a special resolution on April 29 to appoint Bhatt as an independent director of the fintech company, as per its regulatory filing sourced from the Registrar of Companies (RoC).

“Looking at the growth trajectory and in order to further strengthen the board, it was proposed to onboard one more independent…



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Avanse Strengthens Board Ahead Of IPO, Appoints New Independent Director


Education loan-focussed NBFC Avanse Financial Services has appointed former Bajaj Finserv COO Rakesh Bhatt as an independent director of the company ahead of launching its INR 3,500 Cr initial public offering (IPO).

The board of Avanse passed a special resolution on April 29 to appoint Bhatt as an independent director of the fintech company, as per its regulatory filing sourced from the Registrar of Companies (RoC).

“Looking at the growth trajectory and in order to further strengthen the board, it was proposed to onboard one more independent…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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