Dewan Housing Finance Corporation Limited announced that at its Board of Directors meeting held on March 29, 2019, approved the Mr. G.P. Kohli and Mr. Mannil Venugopalan Independent Directors of the Company, have expressed their desire to resign from the position of Independent Director with effect from 29th March, 2019 and 30th March, 2019, respectively. It is further informed that the present tenure of Mr. G.P. Kohli and Mr. Mannil Venugopalan as Independent Directors was due to expire on 31st March, 2019. In view of the process initiated by the Company to strengthen its governance structure and as a replacement for the existing Directors, the Company had vide its letter dated 26th March, 2019 announced that Mr. Sunjoy Joshi and Mr. Alok Kumar Misra have been appointed as Independent Directors of the Company and Mr. Srinath Sridharan had been appointed as a Non- Executive Director of the Company.