Ramsons Projects Restructures Operations: Hands Over NBFC License, Recruits New CFO

Ramsons Projects Ltd. has made a string of important announcements, such as the voluntary relinquishing of its Non-Banking Financial Company (NBFC) license. The move follows the company's strategic realignment to rationalize operations and pursue other business avenues. The Reserve Bank of India (RBI) will act on the surrender in due course.

 

Moreover, the company has hired Sushma as its new Chief Financial Officer (CFO) in place of Harish Chhabra, who has resigned from the position. The transition was ratified in a recent board meeting.

 

Key highlights:

These developments constitute a watershed for Ramsons Projects as the company enters a new era of expansion and operational effectiveness.

 

Sources: Economic Times, BSE Filings, March 20, 2025