Spandana Sphoorty Financial Limited at the board meeting held on January 31, 2022 approved the appointment of Mr. Ramesh Periasamy, Chief Compliance Officer of the Company for a period of 3 years with effect from February 01, 2023, pursuant to the RBI Notification No. DOR.CRE.REC.No.60/03.10.001/2021-22 dated October 22, 2021 on Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs read with RBI Notification No. DoS.CO.PPG./SEC.01/11.01.005/2022-23 dated April 11, 2022.