SBFC Finance Limited has issued a Postal Ballot Notice seeking members' approval for the re-designation of Mr. Aseem Dhru as Executive Vice-Chairman and Mr. Mahesh Dayani as Managing Director & CEO. Mr. Dhru's re-designation is effective from April 1, 2026, to March 31, 2031, with a proposed monthly basic salary ranging from ₹17,01,819 to ₹42,34,670, plus performance bonuses and perquisites up to 200% of his basic salary. Mr. Dayani's re-designation as MD & CEO is also for a term of five years from April 1, 2026, to March 31, 2031, with a proposed monthly basic salary ranging from ₹16,66,667 to ₹41,66,667, plus performance bonuses and perquisites up to 100% of his basic salary. Both roles will be liable to retire by rotation. The e-voting period for the postal ballot commences on Saturday, February 7, 2026, at 9:00 a.m. IST and concludes on Sunday, March 8, 2026, at 5:00 p.m. IST. The results of the e-voting will be announced within two working days from the closing of the e-voting period, on or before March 10, 2026. The notice and e-voting instructions are available on the company's website and the website of KFin Technologies Limited.
