Can Fin Homes Limited has informed the Exchange regarding Resignation of Shri K Satyanarayana Raju as Non- Executive Director of the company w.e.f. December 31, 2025.
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Shri K Satyanarayana Raju, Chairman and Non-Executive Director of Can Fin Homes, has resigned effective December 31, 2025. He was a promoter representative, nominated by Canara Bank (which holds a majority stake in Can Fin Homes). His resignation is a consequence of his superannuation as Managing Director and CEO of Canara Bank on the same date. The change is part of routine leadership succession at the parent bank, not due to any governance or performance concerns at Can Fin Homes. Canara Bank, as promoter, is expected to nominate a new director to the board in due course.
This is a routine, expected board change linked to leadership transition at the promoter (Canara Bank). No material impact is expected on the company's operations or stock price; investors should watch for the appointment of Canara Bank's new nominee to the board.