23/4/2025, 5:50:02 pm

Spandana Sphoorty CEO Shalabh Saxena resigns

Spandana Sphoorty Financial Limited announced the resignation of its MD & CEO, Shalabh Saxena, effective immediately, as he pursues other career opportunities. Ashish Kumar Damani, the company’s president and CFO, has been appointed interim CEO. Damani, with over 23 years of microfinance experience, previously worked at Bharat Financial Inclusion Ltd. Shares fell 5.99% to ₹305.20 on BSE.