Indergiri Finance Limited at the SBM, Mr. Shanker Wunnava ceases to be the Chief Executive Officer (KMP) of the Company with effect from 28th July 2023, consequent upon his resignation from the services of the Company. Mr. Shanker Wunnava has been appointed as the Managing Director of the Company with effect from 28 July 2023. subject to the approval of the shareholders.

Mr. Shanker Wunnava is not debarred from holding the office of Director by virtue of any Orders passed by the Securities and Exchange Board of India or any other such authority. As managing Director, he will be holding office up to the Next Annual General Meeting of the Company.