Tag: Magma Fincorp Chairman

Adar Poonawalla appointed Chairman at Magma Fincorp; Vijay Deshwal to become new CEO

Magma Fincorp Limited, a Mumbai-based non-deposit taking non-banking finance Company (NBFC), announced a series of leadership changes following the Poonawala-controlled Rising Sun Holdings acquiring controlling stake through an equity infusion of Rs 3,456 crore in May 2021. The Board, on Monday, appointed Adar Poonawalla as the Chairman of the Company. The Company has also appointed…