Change in Directorate

Housing Development Finance Corporation Ltd has informed BSE that pursuant to the sale of entire stake held by Citigroup in the Corporation, Dr. J. J. Irani has resigned as a Special Director of the Corporation with effect from March 19, 2012.

Further the Company has informed that considering the services rendered by Dr. J. J. Irani to trade and industry, his vast experience and specialization in the field of corporate governance, the Board of Directors of the Corporation at its meeting held on March 19, 2012 appointed Dr. J. J. Irani as a Additional Director of the Corporation under Section 260 of the Companies Act, 1956, who shall hold office as such until the conclusion of the ensuing annual general meeting of the Shareholders of the Corporation.

Source : BSE - >www.bseindia.com

Published on March 19, 2012
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