Poonawalla Fincorp has considered and approved the hiring of Sunil Samdani as a Whole-time Director (Executive Director) of the Company, for a period of 5 (five) consecutive years effective from October 20, 2023. Mr. Sunil Samdani has not been debarred from holding office of a director by virtue of any order passed by the Securities and Exchange Board of India or any other such authority.