India's Richfield Financial Services Ltd. has appointed replacements for its Managing Director and Nonexecutive Women Director roles.

The company named Rishabh Kankaria managing director, after Abhijit Puglia resigned, according to a Nov. 26 release.

It also appointed Rajni Kankaria nonexecutive women director, after Meenakshi Daga stepped down.

The moves take effect the same day for a five-year period.

Rishabh Kankaria and Rajni Kankaria are also directors in Richfield Investments Ltd., among other companies.