SBFC's Aseem Dhru Clarifies Leadership Change as Succession Plan, Not Exit
Earnings
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CNBC TV18•28-01-2026, 11:33
SBFC's Aseem Dhru Clarifies Leadership Change as Succession Plan, Not Exit
- •Aseem Dhru, MD and CEO of SBFC Finance, stated his leadership change is a planned succession, not an exit, as Mahesh Dayani takes over the CEO role.
- •Dhru emphasized his continued involvement with SBFC, likening the company to his 'baby' and stressing his accountability to investors.
- •The transition was delayed last year due to market uncertainties and the Karnataka ordinance but is proceeding now due to stabilized conditions.
- •SBFC Finance reported a 34% net profit rise to ₹118 crore in Q3 FY25, with shares gaining over 6% in the past year.
- •Dhru will focus on strategy and long-term culture building, while Dayani manages quarterly performance, ensuring a smooth transition.
Why It Matters: Aseem Dhru confirms his leadership transition at SBFC Finance is a strategic succession, not an exit.
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