Can Fin Homes Limited shareholders approved the appointment of Shailesh Kumar Singh as Whole-Time Director and Key Managerial Personnel, designated as Deputy Managing Director, and Varsha Vasant Purandare as an Independent Director at its 39th Annual General Meeting (AGM) held on July 29, 2026. The appointments were recommended by the Nomination, Remuneration & HR Committee and the Board of Directors, with both resolutions passing with overwhelming support from shareholders. These leadership additions complement the company’s recent authorization to raise up to ₹5,000 crore through Non-Convertible Debentures (NCDs) and the declaration of a ₹8 final dividend per equity share.

The voting process was conducted via e-voting facilities provided by National Securities Depository Limited (NSDL), with a record date of July 22, 2026. K N Nagesha Rao served as the scrutinizer, confirming adherence to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 108 of the Companies Act, 2013. All eight proposed resolutions at the AGM received near-unanimous approval, reflecting strong stakeholder confidence in the company’s strategic direction and governance structure.

New Leadership Appointments

Shailesh Kumar Singh was appointed as a Whole-Time Director and Key Managerial Personnel for a term of three consecutive years, commencing from July 03, 2026, following RBI approval. He brings over 27 years of banking experience, having served as a Deputy General Manager at Canara Bank with expertise in treasury, cash management services, and operational areas across rural, semi-urban, urban, and metro segments. Singh is related to Hardeep Singh Ahluwalia, Executive Director of Canara Bank, but has no other relationships with existing directors or key managerial personnel.

Varsha Vasant Purandare was appointed as an Independent Director for a term of three consecutive years, starting July 30, 2026. She holds a Bachelor’s degree in Science (Chemistry) and a Diploma in Business Management, with 36 years of experience in credit, forex, risk, treasury, capital markets, investment banking, and private equity. Previously, she served as Managing Director and CEO of SBI Capital Markets Limited and as Deputy Managing Director and Chief Credit and Risk Officer at State Bank of India. She currently serves on the boards of Federal Bank Ltd, TMF Holdings Limited, Tata Trustee Company Private Limited, and other entities.

Governance and Other Resolutions

Murali Ramaswami was re-appointed as an Independent Director for a second consecutive three-year term, effective July 29, 2026, till July 28, 2029. Ramaswami, who holds qualifications including AICWA, MBA in Corporate Finance, and CAIIB, has over 30 years of experience in the banking sector, having reached the position of Executive Director in Bank of Baroda and Vijaya Bank. He also handled the integration management during the amalgamation of Bank of Baroda, Vijaya Bank, and Dena Bank.

Hardeep Singh Ahluwalia, who chaired the meeting, was re-appointed as a director by rotation. Suresh Srinivasan Iyer continues to serve as Managing Director and CEO. The statutory auditors, M/s Rao & Emmar and M/s V. K. Ladha & Associates, submitted unqualified audit reports for FY25, indicating no material observations regarding the financial health of the entity.

What the Numbers Show

The appointment of Shailesh Kumar Singh as Deputy Managing Director signals Can Fin Homes’ intent to strengthen its executive leadership team ahead of potential expansion funded by the newly authorized ₹5,000 crore NCD issuance. His extensive background in treasury and cash management aligns with the company’s need for robust financial oversight during growth phases. Simultaneously, the addition of Varsha Vasant Purandare, with her deep expertise in credit risk and capital markets, enhances the board’s independent oversight capabilities. The near-unanimous shareholder support for these appointments, alongside the dividend declaration and debt authority, underscores confidence in the company’s strategic roadmap for FY26 and beyond.

Can Fin Homes Limited announced the cessation of Smt. Shubhalakshmi Aamod Panse as an Independent Director on July 29, 2026. The departure follows the completion of her second tenure, which concluded at the company’s 39th Annual General Meeting (AGM) held on the same date. This marks a routine transition in the company’s board composition as per regulatory tenures for independent directors.

The Board of Directors recorded its appreciation for the guidance and support provided by Shubhalakshmi Aamod Panse during her time on the board. The cessation is in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30. The company also referenced SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, regarding the disclosure requirements for changes in directorship.

Cessation Details

The following table outlines the specific details of the directorship change as filed with the stock exchanges:

Nilesh Jain, Company Secretary of Can Fin Homes Limited, signed the submission to the National Stock Exchange of India Limited and BSE Limited. The notice was published online and placed on the company’s website for investor information. No new appointment was disclosed in this filing.