Spandana Sphoorty financial CIO resigns for personal reasons

Spandana Sphoorty Financial Limited has announced the resignation of Arvind Murarka, its chief information officer, effective Monday, December 22, 2025, at the close of business hours. The company disclosed that Murarka's decision to resign is due to personal reasons. The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company formally informed both BSE Limited and the National Stock Exchange of India Limited about the resignation, referencing the SEBI Master Circular dated November 11, 2024. Murarka expressed his willingness to serve the full notice period and assist in a smooth transition of his responsibilities.

Spandana Sphoorty Financial Limited is currently in the process of onboarding a new chief information officer and will provide updates in due course. The resignation letter, dated September 24, 2025, from Murarka to Ashish Damani, interim CEO, president & chief financial officer, Spandana Sphoorty Financial Limited, was included in the filing.