Repco Home Finance accepted the resignation of Paiyur Kuppuraman Vaidyanathan as Whole-time Director and Chief Development Officer effective September 16, 2026. The promoter, Repco Bank, reversed his deputation due to official exigencies.

Bakthavatsalu Kannan, a current Whole-time Director at the housing finance firm, will assume the role of Chief Development Officer starting September 17, 2026. The Board and the Nomination & Remuneration Committee approved the appointment.

Leadership Transition

Vaidyanathan ceased his duties at the close of business on September 16, 2026. He reverts to Repco Bank, the Government of India enterprise that promotes Repco Home Finance Limited. The company confirmed there is no material reason for his cessation other than the reversal of deputation.

Kannan, who holds a DIN of 11885253, brings over 31 years of experience in the banking sector. He is a General Manager at Repco Bank and is currently on deputation with Repco Home Finance. His tenure as CDO will be co-terminus with his deputation from the parent bank.

Qualifications and Tenure

Kannan holds Bachelor's degrees in Physics and a Master's degree in Social Work. He also possesses a Diploma in Information Systems Audit and is a Certified Associate of the Indian Institute of Bankers.

He was appointed as a Whole-time Director for a period of two years effective August 24, 2026. This new role adds the CDO responsibilities to his existing duties within the company.

Regulatory Disclosure

Repco Home Finance filed the intimation under Regulation 30 and Regulation 51 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The disclosure aligns with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Ankush Tiwari, Company Secretary and Compliance Officer, signed the filing on September 16, 2026. The company stated there is no material reason for Vaidyanathan’s cessation other than the official exigencies cited by the promoter.

Repco Home Finance Limited held a group meeting with institutional investors and analysts on September 3, 2026, in Mumbai. The session focused on the company’s first-quarter FY27 performance and broader sector outlook.

Managing Director and CEO T Karunakaran led the discussions at the Ashwamedh – Elara India Dialogue, 2026. He addressed the current business scenario, the company’s growth opportunities amidst competition, and steps taken to adapt to the changing business environment.

Meeting Participants

The group meeting included representatives from several investment firms. The participants were:

• Kriis PMS
• New Mark Capital
• Purnartha Investments
• First Water Capital
• Vama Finance
• Equitas

Regulatory Disclosure

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no unpublished price-sensitive information (UPSI) was shared during the interaction. The details are available on the company’s website.