Salem Erode Investments Limited announced that at its board of directors approved the appointment of Mr. Shinto Stanly as an "Additional Independent Director" on the Board of Directors of the company with effect from February 05, 2024 to hold office till the date of upcoming Annual General Meeting of the company. Mr. Shinto Stanly is an Independent Director of ICL Fincorp Limited. He has an experience of IO years in the corporate field, is a member of the Institute of Company Secretaries of India and also a member of the Institute of Chartered Financial Analysts of India, Tripura.

He also holds post graduate degrees in Master of Financial Analysis (MFA) and Master of Business Administration (HRM). He has vast experience and expertise in the field of corporate secretarial, accounts and allied businesses of non-banking financial companies, manufacturing companies, multi-national companies etc. Presently, he is a strategjc consultant to various finance companies and multi-national business oriented Companies in Kerala.