Poonawalla Fincorp executive vice chairman Sanjay Chamria steps down
Poonawalla Fincorp Limited (formerly Magma Fincorp) said that Sanjay Chamria has stepped down as the company’s executive vice chairman having serving as its co-founder since ... Read More
Magma Fincorp renamed as Poonawalla Fincorp Limited
Magma Fincorp, an Indian non-banking finance company (NBFC), owned by Adar Poonawalla-controlled Rising Sun Holdings, has changed its name to Poonawalla Fincorp Limited. The company ... Read More
Magma Fincorp announces joining of new CEO Vijay Deshwal
Magma Fincorp announced that Vijay Deshwal has joined the Mumbai-based non-banking financial company as the group CEO. The development follows the company’s recent appointment of ... Read More
Magma Fincorp appoints Serum Institute CEO Adar Poonawalla as chairman
The board of Magma Fincorp, a Mumbai-based non-banking financial company, has appointed Serum Institute of India CEO Adar Poonawalla as the company’s chairman. It can ... Read More
Magma Fincorp shareholders approve acquisition by Rising Sun Holdings
Magma Fincorp said that its shareholders have approved Rising Sun Holdings’ (RSHPL) acquisition of a controlling stake in the former. In February 2021, Rising Sun ... Read More
Rising Sun Holdings to acquire controlling stake in Magma Fincorp
Rising Sun Holdings (RSHPL), a company controlled by Serum Institute of India CEO Adar Poonawalla, has agreed to acquire a controlling stake in Magma Fincorp, ... Read More