Transfers & Postings · BFSI
Capital India Finance has accepted the resignation of Ravindran Menon, CEO of its RemitX division and a Senior Management Personnel, effective October 31, 2026, citing personal reasons.
✦ AI SUMMARY 30-second read
- Menon's cessation is effective from the close of business hours on October 31, 2026.
- He cited personal reasons in a formal resignation letter addressed to Managing Director Keshav Porwal.
- The disclosure was filed under Regulation 30 and 51 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Why it matters: The exit of a Senior Management Personnel at an NBFC triggers mandatory SEBI disclosure, signalling a leadership transition at the RemitX division.
This summary was generated by AI. Editors may review and update it.
Capital India Finance has accepted the resignation of Ravindran Menon, who served as Chief Executive Officer of its RemitX division and as a Senior Management Personnel of the company. His association with the firm ceased at the close of business hours on October 31, 2026.
Menon submitted his resignation in a formal letter dated October 31, 2026, addressed to Managing Director Keshav Porwal. He attributed his departure to personal reasons, and in the letter described his tenure as rewarding and formative, expressing appreciation for the experience gained alongside the management and staff.
Regulatory compliance details
Capital India Finance filed the intimation under Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure carried specific details required by the SEBI master circular governing changes in senior management personnel.
The filing confirmed that no other relationships or director appointments were associated with this change. A copy of the resignation letter was enclosed as Annexure B in satisfaction of sub-para 7C of Para A of Schedule III to Regulation 30 of the Listing Regulations.
Company Secretary and Compliance Officer Hitesh Kumar signed the digital submission to both BSE and NSE on October 31, 2026. No interim or permanent successor for the RemitX division was announced in the filing.
About the officer
Ravindran Menon
| Previous post | Chief Executive Officer, RemitX (division of Capital India Finance) / Senior Management Personnel, Capital India Finance |
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