TTI Enterprise Ltd announced the appointment of Ashish Goenka as Chief Financial Officer while confirming plans to surrender its Non-Banking Financial Company (NBFC) license. The move reflects a strategic restructuring of operations, with leadership changes and regulatory adjustments aimed at aligning the company’s future growth with market realities.
TTI Enterprise Ltd has initiated significant corporate changes as part of its restructuring strategy. The company confirmed the appointment of Ashish Goenka as its new Chief Financial Officer, signaling a renewed focus on financial leadership and governance. Alongside this, TTI Enterprise has decided to surrender its NBFC license, marking a shift in its operational framework.
Key Highlights
-
Ashish Goenka appointed as Chief Financial Officer of TTI Enterprise Ltd
-
Company to surrender its NBFC license, signaling a strategic exit from financial services operations
-
Decision reflects restructuring efforts to streamline business and align with evolving regulatory and market conditions
-
Leadership changes expected to strengthen financial oversight and corporate governance
The appointment of a new CFO and the surrender of the NBFC license highlight TTI Enterprise’s intent to recalibrate its business model. By focusing on core strengths and ensuring compliance with regulatory frameworks, the company aims to position itself for sustainable growth in a competitive environment.
Sources: Economic Times, BSE Corporate Filings, MarketScreener