PMC Fincorp Limited announced the appointments of Abhay Kumar and Prabhat Modi to its Board of Directors, effective November 24, 2021.
According to the company’s exchange filing, “we hereby inform you that the Board of Directors of the Company, by passing resolution(s) by circulation have appointed Sh. Abhay Kumar, as an Additional Director (Non- Executive Independent) of the Company w.e.f. the date of allotment of Director Identification Number (DIN) by Ministry of Corporate Affairs and Sh. Prabhat Modi (DIN 08193181) as an Additional Director (Non-Executive Non-Independent) of the Company w.e.f. 24.11.2021.”
Abhay Kumar is a Post Graduate and he has good experience in the field of Administration, Finance, and Accounting. He has wider experience of working in the field of NBFC. He has over 28 years of experience in the field of Corporate Finance and other regulatory matters, the statement said.
Prabhat Modi is a Post Graduate in Finance from the National Institute of Securities Market. Prabhat Modi also has the experience of interning with the Investment Department of SBI Mutual, and the Regulatory department of BSE India Limited. Further, he worked with Morningstar India Private Limited as a Private Market Research Associate, it added.
Priti Mercantile Company Limited is in the business of Corporate and Personal finance Debt Syndication Private Placement Arranger Distribution & Marketing of third party financial products and Dealing and Investment in Stock Market.
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