Finkurve Appoints Siddharth Purandare as CEO, Changes RTA, and Grants ESOPs
Finkurve Financial Services appointed Siddharth Purandare as CEO, effective December 13, 2026. Mr. Naveen Kottala resigned as CEO from October 20, 2026. The company also appointed Purva Sharegistry as RTA and Hussain Mohammed Pittalwala as Chief Compliance Officer from October 1, 2026. Additionally, 4,50,000 ESOPs were granted at an exercise price of ₹65.
The appointment of a new CEO and the change in RTA are significant operational and strategic developments for the company. These changes can influence future business direction and investor relations, thus having a medium impact.
The announcement details changes in key management personnel and RTA, along with ESOP grants. While the appointment of a new CEO with extensive experience could be seen positively, the overall impact is neutral as it involves routine corporate actions and a leadership transition.
Finkurve Financial Services Limited announced several key decisions made during its Board of Directors meeting held on October 1, 2026. The company has approved the change of its Registrar & Transfer Agent (RTA) from M/s. MUFG Intime India Private Limited to M/s. Purva Sharegistry (India) Private Limited for its equity shares.
The Board also accepted the resignation of Mr. Naveen Kottala as the Chief Executive Officer (CEO), effective from the close of business hours on October 20, 2026. Following this, on the recommendation of the Nomination and Remuneration Committee, the Board appointed Mr. Siddharth Purandare as the new CEO, with his tenure commencing on December 13, 2026. Mr. Purandare brings over 23 years of experience in the financial services industry.
Furthermore, the company appointed Mr. Hussain Mohammed Pittalwala as Chief Compliance Officer, effective October 1, 2026. The Board also approved the grant of 4,50,000 Employee Stock Options (ESOPs) under the “Finkurve ESOP Plan -2018” to eligible employees. The exercise price for these options is set at ₹65 per option, with a vesting period of a minimum of one year from the date of grant.
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Finkurve Financial Services Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Finkurve Financial Services Limited. Read the original for the full detail.