Repco Home Finance Limited at its board meeting held on February 14, 2022, approved cessation of T. Karunakaran from the post of Chief Financial Officer of the company with effect from February 14, 2022, due to elevation to the post of Wholetime Director of the company and appointment of K. Lakshmi as Chief Financial Officer and Key Managerial Personnel of the company with effect from February 14, 2022, pursuant to Section 203 of Companies Act, 2013 read with Rule 8 of Companies (Appointment & Remuneration of Managerial Personnel) Rules, 2014. She has a post qualification-experience of 15 plus years in Manufacturing, education and NBFC sectors.