Sakthi Finance Limited informed that Dr. S Veluswamy has relinquished his executive responsibilities from the position of Director and resigned from the post of Chief Financial Officer of the Company as he intends to move ahead to assume larger responsibilities within the Group. The Board of Directors have, at their meeting held on 24 May 2022 considered and accepted his relinquishment! resignation.

But he will continue to be a Non-Executive, Non-Independent Director of the Company. Dr. S Veluswamy will be relieved from his executive responsibilities of the Company with effect from 24 May 2022.