Tokyo Finance Ltd has officially announced the re-appointment of Velji Lakhadhir Shah as Managing Director, reaffirming its commitment to seasoned leadership and strategic continuity. The decision was approved by the company’s Board of Directors in August 2025 and reflects Shah’s enduring influence on the firm’s direction since its inception. As the founding promoter and long-serving executive, Shah’s re-appointment is expected to reinforce Tokyo Finance’s operational stability and long-term growth plans.
The announcement comes at a time when the company is navigating a dynamic financial landscape, with renewed focus on non-banking financial services, capital deployment, and governance reforms. Shah’s leadership is seen as pivotal in steering Tokyo Finance through regulatory transitions and market realignments.
Key Highlights from the Board Decision
- Velji Lakhadhir Shah re-appointed as Managing Director of Tokyo Finance Ltd
- Board approval granted in August 2025 following shareholder endorsement
- Shah continues to serve as Chairman of the Tokyo Group, the company’s promoter entity
- Appointment aligns with Tokyo Finance’s strategic roadmap for FY26–FY30
- No changes announced to the company’s executive structure or reporting hierarchy
Leadership Legacy and Strategic Role
Velji Lakhadhir Shah has been synonymous with Tokyo Finance since its incorporation in November 1994. Under his stewardship, the company was listed on the Bombay Stock Exchange in May 1996 and has since evolved into a niche player in the non-banking financial services sector. Shah’s re-appointment ensures continuity in leadership at a time when Tokyo Finance is exploring new avenues for capital deployment and portfolio diversification.
- Shah has over four decades of experience in finance, plastics, and industrial ventures
- Instrumental in Tokyo Finance’s transition from group lending to structured finance
- Known for conservative capital management and ethical governance practices
- Continues to oversee strategic investments across Tokyo Group subsidiaries
Operational Focus and Business Outlook
Tokyo Finance Ltd is primarily engaged in advancing, depositing, and lending money, securities, and properties to corporate entities and partnerships. The company has applied for registration as a Non-Banking Financial Company (NBFC) with the Reserve Bank of India and is expected to expand its lending operations in FY26.
- Focus areas include seed capital, venture capital, and loan syndication
- Plans underway to digitize lending workflows and enhance credit risk analytics
- FY25 saw modest growth in asset base and interest income
- FY26 targets include expanding client base in Tier 2 and Tier 3 cities
Governance and Board Composition
The Board of Directors at Tokyo Finance includes a mix of executive and independent members, with Shah serving as Chairman and Managing Director. Other key directors include Haresh Shah (Executive Director), Kinnari Charla (Independent Director), and Jagruti Sanghvi (Independent Director). The board has emphasized transparency, stakeholder engagement, and regulatory compliance as core governance pillars.
- Board committees actively monitor audit, risk, and nomination processes
- Independent directors bring legal, financial, and social sector expertise
- Governance disclosures aligned with SEBI’s Listing Obligations and Disclosure Requirements
Market Sentiment and Shareholder Response
The re-appointment of Velji Shah has been met with positive sentiment from long-term shareholders, who view his leadership as a stabilizing force. While Tokyo Finance remains a micro-cap entity with limited trading volume, its consistent governance and promoter commitment have helped maintain investor trust.
- Promoter holding remains above 70 percent, indicating strong internal confidence
- Share price stable post-announcement, reflecting neutral market reaction
- Analysts expect continuity in operational strategy and capital discipline
Looking Ahead
With Velji Lakhadhir Shah continuing at the helm, Tokyo Finance Ltd is poised to maintain its conservative yet growth-oriented approach to financial services. As the company prepares for regulatory transitions and operational expansion, Shah’s leadership will be instrumental in navigating challenges and unlocking new opportunities.
Sources: Tokyo Finance Ltd official website, Business Standard, Screener.in, Tokyo Plast Board Filings.
